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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Stevanato Group (STVN) and MYT Netherlands (MYTE)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Stevanato Group (STVNResearch Report) and MYT Netherlands (MYTEResearch Report).

Stevanato Group (STVN)

In a report released today, Drew Ranieri from Morgan Stanley maintained a Buy rating on Stevanato Group, with a price target of $29.00. The company’s shares closed last Monday at $31.56, close to its 52-week high of $33.56.

According to TipRanks.com, Ranieri is a 3-star analyst with an average return of 4.7% and a 50.5% success rate. Ranieri covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Organogenesis Holdings, and Integra Lifesciences.

Stevanato Group has an analyst consensus of Strong Buy, with a price target consensus of $32.17, which is a 1.3% upside from current levels. In a report issued on June 16, Bank of America Securities also maintained a Buy rating on the stock with a $35.00 price target.

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

MYT Netherlands (MYTE)

In a report released today, Kimberly Greenberger from Morgan Stanley maintained a Hold rating on MYT Netherlands, with a price target of $6.00. The company’s shares closed last Monday at $3.65, close to its 52-week low of $3.60.

According to TipRanks.com, Greenberger is a 4-star analyst with an average return of 2.5% and a 56.6% success rate. Greenberger covers the NA sector, focusing on stocks such as Torrid Holdings, Under Armour, and Foot Locker.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MYT Netherlands with a $7.67 average price target, representing a 108.4% upside. In a report issued on June 14, Jefferies also initiated coverage with a Hold rating on the stock with a $4.00 price target.

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