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Analysts Conflicted on These Industrial Goods Names: SkyWest (SKYW) and 3M (MMM)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on SkyWest (SKYWResearch Report) and 3M (MMMResearch Report).

SkyWest (SKYW)

SkyWest received a Buy rating and a $55.00 price target from Raymond James analyst Savanthi Syth today. The company’s shares closed last Wednesday at $41.40, close to its 52-week high of $45.98.

According to TipRanks.com, Syth is a 5-star analyst with an average return of 7.8% and a 50.0% success rate. Syth covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Southwest Airlines, and Ryanair Holdings.

Currently, the analyst consensus on SkyWest is a Hold with an average price target of $41.75.

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

3M (MMM)

3M received a Hold rating and a $113.00 price target from Morgan Stanley analyst Joshua Pokrzywinski today. The company’s shares closed last Wednesday at $104.45.

According to TipRanks.com, Pokrzywinski is a 5-star analyst with an average return of 7.3% and a 58.1% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and Honeywell International.

3M has an analyst consensus of Hold, with a price target consensus of $119.93, which is a 13.7% upside from current levels. In a report issued on August 29, Wolfe Research also upgraded the stock to Hold with a $140.00 price target.

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