There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Boise Cascade (BCC – Research Report) and Sysco (SYY – Research Report) with bullish sentiments.
Boise Cascade (BCC)
In a report issued on October 31, Michael Roxland from Truist Financial maintained a Buy rating on Boise Cascade, with a price target of $126.00. The company’s shares closed last Thursday at $101.18.
According to TipRanks.com, Roxland is a 1-star analyst with an average return of
Boise Cascade has an analyst consensus of Hold, with a price target consensus of $112.33, representing an 11.5% upside. In a report issued on October 27, D.A. Davidson also maintained a Buy rating on the stock with a $130.00 price target.
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Sysco (SYY)
In a report issued on October 31, Jake Bartlett from Truist Financial maintained a Buy rating on Sysco, with a price target of $87.00. The company’s shares closed last Thursday at $65.65, close to its 52-week low of $62.24.
According to TipRanks.com, Bartlett is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sysco with a $80.25 average price target, which is a 21.4% upside from current levels. In a report issued on October 18, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $75.00 price target.
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