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Analysts Offer Insights on Industrial Goods Companies: Spirit AeroSystems (SPR), Holley (HLLY) and Martinrea International (OtherMRETF)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Spirit AeroSystems (SPRResearch Report), Holley (HLLYResearch Report) and Martinrea International (MRETFResearch Report).

Spirit AeroSystems (SPR)

Truist Financial analyst Michael Ciarmoli maintained a Hold rating on Spirit AeroSystems yesterday and set a price target of $26.00. The company’s shares closed last Thursday at $23.78.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 9.6% and a 57.4% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as Air Transport Services, Albany International, and AerSale Corporation.

Currently, the analyst consensus on Spirit AeroSystems is a Moderate Buy with an average price target of $29.25, implying a 20.3% upside from current levels. In a report issued on November 1, RBC Capital also maintained a Hold rating on the stock with a $25.00 price target.

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Holley (HLLY)

In a report released yesterday, Michael Swartz from Truist Financial maintained a Buy rating on Holley, with a price target of $9.00. The company’s shares closed last Thursday at $3.82.

According to TipRanks.com, Swartz is a 5-star analyst with an average return of 17.4% and a 44.1% success rate. Swartz covers the NA sector, focusing on stocks such as MasterCraft Boat Holdings, Topgolf Callaway Brands, and Camping World Holdings.

Currently, the analyst consensus on Holley is a Strong Buy with an average price target of $8.50, implying an 119.1% upside from current levels. In a report issued on November 7, J.P. Morgan also maintained a Buy rating on the stock with a $7.50 price target.

Martinrea International (MRETF)

Scotiabank analyst Jonathan Goldman maintained a Buy rating on Martinrea International today and set a price target of C$15.50. The company’s shares closed last Thursday at $9.08.

According to TipRanks.com, Goldman is ranked #5734 out of 8601 analysts.

Martinrea International has an analyst consensus of Moderate Buy, with a price target consensus of $11.42, which is a 26.6% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a C$17.00 price target.

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