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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Flowserve (FLS) and Allison Transmission Holdings (ALSN)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Flowserve (FLSResearch Report) and Allison Transmission Holdings (ALSNResearch Report).

Flowserve (FLS)

In a report released today, Andrew Obin from Bank of America Securities reiterated a Buy rating on Flowserve, with a price target of $44.00. The company’s shares closed last Wednesday at $35.39.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 7.9% and a 57.1% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and John Bean Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Flowserve with a $46.44 average price target.

See the top stocks recommended by analysts >>

Allison Transmission Holdings (ALSN)

In a report released today, Sherif El-Sabbahy from Bank of America Securities reiterated a Sell rating on Allison Transmission Holdings, with a price target of $50.00. The company’s shares closed last Wednesday at $57.20.

According to TipRanks.com, El-Sabbahy is a 5-star analyst with an average return of 38.8% and a 63.6% success rate. El-Sabbahy covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, ESAB Corporation, and Herc Holdings.

Allison Transmission Holdings has an analyst consensus of Hold, with a price target consensus of $59.86.

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