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Analysts Offer Insights on Industrial Goods Companies: Sysco (SYY) and Woodward (WWD)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Sysco (SYYResearch Report) and Woodward (WWDResearch Report).

Sysco (SYY)

Truist Financial analyst Jake Bartlett maintained a Buy rating on Sysco on December 10 and set a price target of $87.00. The company’s shares closed last Monday at $73.93.

According to TipRanks.com, Bartlett is a top 100 analyst with an average return of 18.5% and a 65.5% success rate. Bartlett covers the NA sector, focusing on stocks such as Restaurant Brands International, Carrols Restaurant Group, and Karat Packaging Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sysco with a $79.69 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Woodward (WWD)

Truist Financial analyst Michael Ciarmoli maintained a Hold rating on Woodward on December 8 and set a price target of $124.00. The company’s shares closed last Monday at $133.54, close to its 52-week high of $139.25.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 12.3% and a 64.0% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, Air Transport Services, and L3Harris Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Woodward with a $144.83 average price target, representing an 8.4% upside. In a report issued on November 24, Barclays also maintained a Hold rating on the stock with a $134.00 price target.

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