There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Watsco (WSO – Research Report) and Core Molding Technologies (CMT – Research Report) with bullish sentiments.
Watsco (WSO)
In a report released today, Jeffrey Hammond from KeyBanc maintained a Buy rating on Watsco, with a price target of $300.00. The company’s shares closed last Friday at $253.69.
According to TipRanks.com, Hammond is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Watsco with a $294.20 average price target, which is a 17.1% upside from current levels. In a report issued on July 14, Robert W. Baird also upgraded the stock to Buy with a $313.00 price target.
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Core Molding Technologies (CMT)
In a report released today, Chip Moore from EF Hutton initiated coverage with a Buy rating on Core Molding Technologies and a price target of $15.00. The company’s shares closed last Friday at $9.35.
According to TipRanks.com, Moore is ranked #166 out of 7915 analysts.
Core Molding Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $15.00.
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