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Analysts’ Top Industrial Goods Picks: Boeing (BA), ARAMARK Holdings (ARMK)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Boeing (BAResearch Report) and ARAMARK Holdings (ARMKResearch Report) with bullish sentiments.

Boeing (BA)

Wolfe Research analyst Myles Walton reiterated a Buy rating on Boeing yesterday and set a price target of $260.00. The company’s shares closed last Thursday at $191.30.

According to TipRanks.com, Walton is a 5-star analyst with an average return of 11.0% and a 61.1% success rate. Walton covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Transdigm Group, and Lockheed Martin.

Currently, the analyst consensus on Boeing is a Moderate Buy with an average price target of $252.75, which is a 29.5% upside from current levels. In a report issued on October 1, Jefferies also maintained a Buy rating on the stock with a $275.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

ARAMARK Holdings (ARMK)

Bank of America Securities analyst Heather Balsky maintained a Buy rating on ARAMARK Holdings yesterday and set a price target of $35.00. The company’s shares closed last Thursday at $25.70, close to its 52-week low of $23.95.

According to TipRanks.com, Balsky is ranked #6231 out of 8568 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ARAMARK Holdings with a $34.09 average price target, implying a 29.0% upside from current levels. In a report issued on October 8, Jefferies also upgraded the stock to Buy with a $29.00 price target.

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