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Analysts Conflicted on These Industrial Goods Names: Herc Holdings (HRI) and 3M (MMM)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Herc Holdings (HRIResearch Report) and 3M (MMMResearch Report).

Herc Holdings (HRI)

In a report released today, Sherif El-Sabbahy from Bank of America Securities reiterated a Sell rating on Herc Holdings, with a price target of $105.00. The company’s shares closed last Tuesday at $126.45.

According to TipRanks.com, El-Sabbahy is a 5-star analyst with an average return of 35.0% and a 68.0% success rate. El-Sabbahy covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, ESAB Corporation, and Xos.

Herc Holdings has an analyst consensus of Hold, with a price target consensus of $130.50.

See Insiders’ Hot Stocks on TipRanks >>

3M (MMM)

Bank of America Securities analyst Andrew Obin maintained a Hold rating on 3M yesterday and set a price target of $120.00. The company’s shares closed last Tuesday at $94.97.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 7.7% and a 56.9% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Emerson Electric Company, and Honeywell International.

3M has an analyst consensus of Hold, with a price target consensus of $110.21, which is a 17.2% upside from current levels. In a report issued on November 3, Wells Fargo also maintained a Hold rating on the stock with a $100.00 price target.

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