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Analysts Offer Insights on Industrial Goods Companies: Curtiss-Wright (CW), CAE (CAE) and Lincoln Electric Holdings (LECO)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Curtiss-Wright (CWResearch Report), CAE (CAEResearch Report) and Lincoln Electric Holdings (LECOResearch Report) with bullish sentiments.

Curtiss-Wright (CW)

In a report issued on October 20, Michael Ciarmoli from Truist Financial maintained a Buy rating on Curtiss-Wright, with a price target of $215.00. The company’s shares closed last Tuesday at $198.36.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 9.9% and a 56.7% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as Air Transport Services, Albany International, and AerSale Corporation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Curtiss-Wright with a $219.40 average price target.

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

CAE (CAE)

In a report released today, Konark Gupta from Scotiabank maintained a Buy rating on CAE, with a price target of C$38.00. The company’s shares closed last Tuesday at $21.21.

According to TipRanks.com, Gupta is a 4-star analyst with an average return of 9.0% and a 49.4% success rate. Gupta covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Canadian Pacific.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CAE with a $27.49 average price target, a 30.3% upside from current levels. In a report released today, Canaccord Genuity also upgraded the stock to Buy with a C$36.00 price target.

Lincoln Electric Holdings (LECO)

In a report released yesterday, Saree Boroditsky from Jefferies maintained a Buy rating on Lincoln Electric Holdings, with a price target of $230.00. The company’s shares closed last Tuesday at $168.00.

According to TipRanks.com, Boroditsky is a 4-star analyst with an average return of 8.1% and a 56.9% success rate. Boroditsky covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies, Generac Holdings, and The Middleby.

Currently, the analyst consensus on Lincoln Electric Holdings is a Moderate Buy with an average price target of $205.83, a 18.9% upside from current levels. In a report issued on October 10, Robert W. Baird also maintained a Buy rating on the stock with a $200.00 price target.

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