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Analysts Offer Insights on Industrial Goods Companies: Great Lakes Dredge & Dock (GLDD) and The Middleby (MIDD)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Great Lakes Dredge & Dock (GLDDResearch Report) and The Middleby (MIDDResearch Report) with bullish sentiments.

Great Lakes Dredge & Dock (GLDD)

Noble Financial analyst Joe Gomes maintained a Buy rating on Great Lakes Dredge & Dock today and set a price target of $11.00. The company’s shares closed last Tuesday at $8.75.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 5.9% and a 44.5% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Orion Group Holdings, Kratos Defense, and Kelly Services.

Currently, the analyst consensus on Great Lakes Dredge & Dock is a Moderate Buy with an average price target of $11.00.

See the top stocks recommended by analysts >>

The Middleby (MIDD)

Robert W. Baird analyst Mircea Dobre maintained a Buy rating on The Middleby today and set a price target of $167.00. The company’s shares closed last Tuesday at $141.83.

According to TipRanks.com, Dobre is a 5-star analyst with an average return of 12.2% and a 51.8% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Lincoln Electric Holdings, and John Bean Technologies.

Currently, the analyst consensus on The Middleby is a Strong Buy with an average price target of $169.00.

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