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Analysts Offer Insights on Industrial Goods Companies: Generac Holdings (GNRC) and John Bean Technologies (JBT)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Generac Holdings (GNRCResearch Report) and John Bean Technologies (JBTResearch Report) with bullish sentiments.

Generac Holdings (GNRC)

Oppenheimer analyst Christopher Glynn maintained a Buy rating on Generac Holdings today and set a price target of $130.00. The company’s shares closed last Tuesday at $111.30.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 14.5% and a 60.1% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, General Electric, and Regal Rexnord.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generac Holdings with a $135.75 average price target, implying a 20.4% upside from current levels. In a report issued on November 14, Piper Sandler also maintained a Buy rating on the stock with a $150.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

John Bean Technologies (JBT)

The company’s shares closed last Tuesday at $105.28.

According to TipRanks.com, Dobre is a 5-star analyst with an average return of 11.4% and a 51.7% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Lincoln Electric Holdings, and Illinois Tool Works.

The word on The Street in general, suggests a Hold analyst consensus rating for John Bean Technologies with a $103.00 average price target.

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