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Analysts Conflicted on These Industrial Goods Names: Austal Limited (OtherAUTLF) and Rapid Micro Biosystems (RPID)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Austal Limited (AUTLFResearch Report) and Rapid Micro Biosystems (RPIDResearch Report).

Austal Limited (AUTLF)

J.P. Morgan analyst Russell Gill downgraded Austal Limited to Sell yesterday and set a price target of A$2.40. The company’s shares closed last Tuesday at $1.78.

According to TipRanks.com, Gill is a 1-star analyst with an average return of -2.8% and a 36.4% success rate. Gill covers the Services sector, focusing on stocks such as Corporate Travel Management Limited, Flight Centre Travel Group Limited, and Cleanaway Waste Management Ltd.

Currently, the analyst consensus on Austal Limited is a Moderate Buy with an average price target of $1.90.

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

Rapid Micro Biosystems (RPID)

J.P. Morgan analyst Rachel Vatnsdal downgraded Rapid Micro Biosystems to Hold yesterday. The company’s shares closed last Tuesday at $3.39, close to its 52-week low of $2.49.

According to TipRanks.com, Vatnsdal is a 3-star analyst with an average return of 12.4% and a 44.4% success rate. Vatnsdal covers the Healthcare sector, focusing on stocks such as Quest Diagnostics, Envista Holdings, and Twist Bioscience.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rapid Micro Biosystems with a $9.00 average price target.

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