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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Mueller Water Products (MWA), Atmus Filtration Technologies, Inc. (ATMU) and Magna International (MGA)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Mueller Water Products (MWAResearch Report), Atmus Filtration Technologies, Inc. (ATMUResearch Report) and Magna International (MGAResearch Report).

Mueller Water Products (MWA)

Goldman Sachs analyst Brian K. Lee maintained a Hold rating on Mueller Water Products on November 3 and set a price target of $14.00. The company’s shares closed last Tuesday at $12.74.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 3.2% and a 44.0% success rate. Lee covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Mueller Water Products with a $14.33 average price target, representing a 9.3% upside. In a report issued on November 3, RBC Capital also maintained a Hold rating on the stock with a $14.00 price target.

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

Atmus Filtration Technologies, Inc. (ATMU)

In a report issued on November 3, Jerry Revich from Goldman Sachs maintained a Buy rating on Atmus Filtration Technologies, Inc., with a price target of $30.00. The company’s shares closed last Tuesday at $19.41.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 10.1% and a 53.7% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Granite Construction, and Waste Connections.

Currently, the analyst consensus on Atmus Filtration Technologies, Inc. is a Strong Buy with an average price target of $25.80, implying a 30.9% upside from current levels. In a report issued on October 22, Wells Fargo also maintained a Buy rating on the stock with a $24.00 price target.

Magna International (MGA)

Goldman Sachs analyst Mark Delaney maintained a Buy rating on Magna International on November 3 and set a price target of $73.00. The company’s shares closed last Tuesday at $52.81.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 12.5% and a 57.0% success rate. Delaney covers the Technology sector, focusing on stocks such as Mobileye Global, Inc. Class A, Keysight Technologies, and Luminar Technologies.

Magna International has an analyst consensus of Moderate Buy, with a price target consensus of $66.11, which is a 25.4% upside from current levels. In a report issued on October 19, J.P. Morgan also maintained a Buy rating on the stock with a $78.00 price target.

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