There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Bluelinx Holdings (BXC – Research Report) and Broadwind Energy (BWEN – Research Report) with bullish sentiments.
Bluelinx Holdings (BXC)
In a report issued on March 22, Greg Palm from Craig-Hallum maintained a Buy rating on Bluelinx Holdings, with a price target of $108.00. The company’s shares closed last Friday at $68.15.
According to TipRanks.com, Palm is a 5-star analyst with an average return of
Currently, the analyst consensus on Bluelinx Holdings is a Strong Buy with an average price target of $105.75.
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Broadwind Energy (BWEN)
Craig-Hallum analyst Eric Stine maintained a Buy rating on Broadwind Energy on March 22. The company’s shares closed last Friday at $3.45.
According to TipRanks.com, Stine is ranked #307 out of 8343 analysts.
Currently, the analyst consensus on Broadwind Energy is a Strong Buy with an average price target of $9.00, which is a 157.1% upside from current levels. In a report issued on March 13, H.C. Wainwright also maintained a Buy rating on the stock with a $12.00 price target.
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