Analysts Offer Insights on Industrial Goods Companies: BorgWarner (BWA), Generac Holdings (GNRC) and Littelfuse (LFUS)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on BorgWarner (BWA – Research Report), Generac Holdings (GNRC – Research Report) and Littelfuse (LFUS – Research Report).

BorgWarner (BWA)

In a report released today, Noah Kaye from Oppenheimer maintained a Buy rating on BorgWarner, with a price target of $45.00. The company’s shares closed last Thursday at $32.75.

According to TipRanks.com, Kaye is a 5-star analyst with an average return of 12.8% and a 58.6% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Lennox International, Trane Technologies, and Waste Connections.

Currently, the analyst consensus on BorgWarner is a Strong Buy with an average price target of $51.55, a 56.1% upside from current levels. In a report issued on October 19, J.P. Morgan also maintained a Buy rating on the stock with a $61.00 price target.

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Generac Holdings (GNRC)

Scotiabank analyst Tristan Richardson reiterated a Hold rating on Generac Holdings today and set a price target of $135.00. The company’s shares closed last Thursday at $101.84.

According to TipRanks.com, Richardson is a 4-star analyst with an average return of 4.8% and a 53.1% success rate. Richardson covers the NA sector, focusing on stocks such as Sunnova Energy International, Enterprise Products Partners, and Crestwood Equity.

Currently, the analyst consensus on Generac Holdings is a Moderate Buy with an average price target of $138.20, representing a 40.6% upside. In a report issued on October 18, Robert W. Baird also maintained a Hold rating on the stock with a $115.00 price target.

Littelfuse (LFUS)

In a report released today, Christopher Glynn from Oppenheimer maintained a Hold rating on Littelfuse. The company’s shares closed last Thursday at $226.99.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 13.9% and a 58.1% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Wesco International, and Roper Technologies.

Littelfuse has an analyst consensus of Hold, with a price target consensus of $265.00, representing a 16.7% upside. In a report released today, Stifel Nicolaus also maintained a Hold rating on the stock with a $240.00 price target.

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Read More on BWA:

• BorgWarner Reports Third Quarter 2023 Results, Announces Additional eProduct Awards Across Portfolio
• BWA Earnings this Week: How Will it Perform?
• Early notable gainers among liquid option names on October 20th
• BorgWarner price target lowered to $62 from $67 at BofA
• BorgWarner price target lowered to $55 from $57 at Barclays