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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Armstrong World (AWI), Matson (MATX) and Uber Technologies (UBER)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Armstrong World (AWIResearch Report), Matson (MATXResearch Report) and Uber Technologies (UBERResearch Report).

Armstrong World (AWI)

Credit Suisse analyst Daniel Oppenheim reiterated a Buy rating on Armstrong World today and set a price target of $100.00. The company’s shares closed last Wednesday at $79.16.

According to TipRanks.com, Oppenheim is a 3-star analyst with an average return of 2.2% and a 54.5% success rate. Oppenheim covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Taylor Morrison, and Home Depot.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Armstrong World with a $85.86 average price target, representing a 9.6% upside. In a report released today, Truist Financial also maintained a Buy rating on the stock with a $90.00 price target.

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

Matson (MATX)

In a report released today, Jack Atkins from Stephens maintained a Hold rating on Matson, with a price target of $70.00. The company’s shares closed last Wednesday at $63.64, close to its 52-week low of $58.06.

According to TipRanks.com, Atkins is a 4-star analyst with an average return of 9.6% and a 54.3% success rate. Atkins covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Werner Enterprises.

Currently, the analyst consensus on Matson is a Hold with an average price target of $71.50, implying a 12.3% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $73.00 price target.

Uber Technologies (UBER)

In a report released today, Deepak Mathivanan from Wolfe Research reiterated a Buy rating on Uber Technologies, with a price target of $45.00. The company’s shares closed last Wednesday at $34.38.

According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 13.6% and a 57.2% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Squarespace.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $47.83 average price target, which is a 39.2% upside from current levels. In a report issued on February 13, Argus Research also maintained a Buy rating on the stock with a $43.00 price target.

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