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Analysts Offer Insights on Industrial Goods Companies: Symbotic (SYM) and Bowman Consulting Group (BWMN)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Symbotic (SYMResearch Report) and Bowman Consulting Group (BWMNResearch Report) with bullish sentiments.

Symbotic (SYM)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Symbotic today. The company’s shares closed last Friday at $50.45.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 10.6% and a 53.3% success rate. Palm covers the Technology sector, focusing on stocks such as Sportradar Group AG, SkyWater Technology, and Markforged Holding.

Currently, the analyst consensus on Symbotic is a Moderate Buy with an average price target of $56.30.

See today’s best-performing stocks on TipRanks >>

Bowman Consulting Group (BWMN)

In a report released today, Aaron Spychalla from Craig-Hallum reiterated a Buy rating on Bowman Consulting Group, with a price target of $48.00. The company’s shares closed last Friday at $32.04.

According to TipRanks.com, Spychalla is a 1-star analyst with an average return of -5.7% and a 52.7% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Ceco Environmental, and Quest Resource.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bowman Consulting Group with a $43.25 average price target.

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