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Analysts Are Neutral on Top Industrial Goods Stocks: SolarEdge Technologies (SEDG), Berry Global Group (BERY)

Analysts fell to the sidelines weighing in on SolarEdge Technologies (SEDGResearch Report), Berry Global Group (BERYResearch Report) and TPI Composites (TPICResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

SolarEdge Technologies (SEDG)

Morgan Stanley analyst Stephen Byrd maintained a Hold rating on SolarEdge Technologies today and set a price target of $374.00. The company’s shares closed last Tuesday at $280.75.

According to TipRanks.com, Byrd is a 5-star analyst with an average return of 8.4% and a 58.4% success rate. Byrd covers the Utilities sector, focusing on stocks such as American Electric Power, Nextera Energy Partners, and Pinnacle West Capital.

SolarEdge Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $354.56.

See the top stocks recommended by analysts >>

Berry Global Group (BERY)

Morgan Stanley analyst Angel Castillo maintained a Hold rating on Berry Global Group today and set a price target of $60.00. The company’s shares closed last Tuesday at $61.37.

According to TipRanks.com, Castillo is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.4% and a 43.8% success rate. Castillo covers the Basic Materials sector, focusing on stocks such as Westlake Chemical, Crown Holdings, and AptarGroup.

Currently, the analyst consensus on Berry Global Group is a Moderate Buy with an average price target of $68.53, which is an 11.4% upside from current levels. In a report issued on January 5, Truist Financial also downgraded the stock to Hold with a $70.00 price target.

TPI Composites (TPIC)

In a report released today, Laura Sanchez from Morgan Stanley maintained a Hold rating on TPI Composites, with a price target of $17.00. The company’s shares closed last Tuesday at $12.43.

According to TipRanks.com, Sanchez is ranked #7834 out of 8240 analysts.

TPI Composites has an analyst consensus of Moderate Buy, with a price target consensus of $17.14.

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