Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Paychex (PAYX – Research Report) and Rocket Lab USA (RKLB – Research Report).
Rocket Lab USA (RKLB)
In a report released yesterday, Sujeeva De Silva from Roth MKM maintained a Buy rating on Rocket Lab USA, with a price target of $7.00. The company’s shares closed last Thursday at $4.43.
According to TipRanks.com, Silva is a 5-star analyst with an average return of
Currently, the analyst consensus on Rocket Lab USA is a Strong Buy with an average price target of $7.75, which is a 72.6% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on PAYX:
- Paychex’s (NASDAQ:PAYX) Q3 Outlook Disappoints Investors, Stock Dips
- Options Volatility and Implied Earnings Moves Today, December 21, 2023
- Notable companies reporting before tomorrow’s open
- PAYX Earnings this Week: How Will it Perform?
- Options Volatility and Implied Earnings Moves This Week, December 18 – December 21, 2023
