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Analysts Offer Insights on Industrial Goods Companies: Spirit Airlines (SAVE), Thomson Reuters (TRI) and Vertiv Holdings (VRT)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Spirit Airlines (SAVEResearch Report), Thomson Reuters (TRIResearch Report) and Vertiv Holdings (VRTResearch Report).

Spirit Airlines (SAVE)

Bank of America Securities analyst Andrew Didora reiterated a Sell rating on Spirit Airlines today and set a price target of $5.00. The company’s shares closed last Monday at $7.83.

According to TipRanks.com, Didora is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.2% and a 48.1% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Frontier Group Holdings.

Currently, the analyst consensus on Spirit Airlines is a Moderate Sell with an average price target of $7.33, which is a 3.7% upside from current levels. In a report issued on January 17, Susquehanna also downgraded the stock to Sell with a $5.00 price target.

See the top stocks recommended by analysts >>

Vertiv Holdings (VRT)

In a report released today, Andrew Obin from Bank of America Securities maintained a Buy rating on Vertiv Holdings, with a price target of $60.00. The company’s shares closed last Monday at $53.37, close to its 52-week high of $53.67.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 8.4% and a 61.6% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Honeywell International, and John Bean Technologies.

Currently, the analyst consensus on Vertiv Holdings is a Strong Buy with an average price target of $53.17.

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