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Analysts Offer Insights on Industrial Goods Companies: Avient (AVNT) and Trinity Industries (TRN)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Avient (AVNTResearch Report) and Trinity Industries (TRNResearch Report) with bullish sentiments.

Avient (AVNT)

In a report released today, Michael Sison from Wells Fargo maintained a Buy rating on Avient, with a price target of $46.00. The company’s shares closed last Monday at $33.07.

According to TipRanks.com, Sison is a 5-star analyst with an average return of 9.5% and a 56.5% success rate. Sison covers the Industrial Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Avient is a Strong Buy with an average price target of $46.40.

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

Trinity Industries (TRN)

In a report released today, Allison Poliniak from Wells Fargo maintained a Buy rating on Trinity Industries, with a price target of $30.00. The company’s shares closed last Monday at $22.94.

According to TipRanks.com, Poliniak is a 5-star analyst with an average return of 11.2% and a 59.1% success rate. Poliniak covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Old Dominion Freight, and Roper Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trinity Industries with a $30.25 average price target, representing a 29.9% upside. In a report released yesterday, Susquehanna also upgraded the stock to Buy with a $32.00 price target.

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