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Analysts Offer Insights on Industrial Goods Companies: Vontier (VNT), Arcosa (ACA) and Builders Firstsource (BLDR)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Vontier (VNTResearch Report), Arcosa (ACAResearch Report) and Builders Firstsource (BLDRResearch Report) with bullish sentiments.

Vontier (VNT)

Citi analyst Andrew Kaplowitz maintained a Buy rating on Vontier today and set a price target of $37.00. The company’s shares closed last Thursday at $31.46, close to its 52-week high of $33.08.

According to TipRanks.com, Kaplowitz is a 5-star analyst with an average return of 15.9% and a 59.5% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Atkore International Group, and Emerson Electric Company.

Vontier has an analyst consensus of Strong Buy, with a price target consensus of $37.50.

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Arcosa (ACA)

In a report released today, Garik Shmois from Loop Capital Markets maintained a Buy rating on Arcosa, with a price target of $88.00. The company’s shares closed last Thursday at $65.14.

According to TipRanks.com, Shmois is a 5-star analyst with an average return of 9.9% and a 60.7% success rate. Shmois covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Vulcan Materials, and Summit Materials.

Currently, the analyst consensus on Arcosa is a Strong Buy with an average price target of $88.00, a 34.0% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $85.00 price target.

Builders Firstsource (BLDR)

Loop Capital Markets analyst Jeffrey Stevenson maintained a Buy rating on Builders Firstsource today and set a price target of $155.00. The company’s shares closed last Thursday at $121.25.

According to TipRanks.com, Stevenson is a 1-star analyst with an average return of -12.0% and a 24.1% success rate. Stevenson covers the Industrial Goods sector, focusing on stocks such as Bluelinx Holdings, Core & Main, and TopBuild.

Builders Firstsource has an analyst consensus of Moderate Buy, with a price target consensus of $153.44, implying a 27.9% upside from current levels. In a report released yesterday, Stephens also maintained a Buy rating on the stock with a $150.00 price target.

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