There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on HEICO (HEI – Research Report) and FedEx (FDX – Research Report) with bullish sentiments.
HEICO (HEI)
Stifel Nicolaus analyst Bert Subin maintained a Buy rating on HEICO on December 19 and set a price target of $200.00. The company’s shares closed last Thursday at $178.85.
According to TipRanks.com, Subin is a 3-star analyst with an average return of
Currently, the analyst consensus on HEICO is a Moderate Buy with an average price target of $202.36, which is a 15.6% upside from current levels. In a report issued on December 11, William Blair also initiated coverage with a Buy rating on the stock.
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FedEx (FDX)
Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on FedEx yesterday and set a price target of $282.00. The company’s shares closed last Thursday at $247.36.
According to TipRanks.com, Chan is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for FedEx with a $305.65 average price target, implying a 23.2% upside from current levels. In a report issued on December 14, Bernstein also maintained a Buy rating on the stock with a $340.00 price target.
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