There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Avis Budget (CAR – Research Report) and Knight Transportation (KNX – Research Report) with bullish sentiments.
Avis Budget (CAR)
Avis Budget received a Buy rating and a $248.00 price target from Deutsche Bank analyst Chris Woronka today. The company’s shares closed last Wednesday at $166.90, close to its 52-week low of $156.74.
According to TipRanks.com, Woronka is a 4-star analyst with an average return of
Currently, the analyst consensus on Avis Budget is a Moderate Buy with an average price target of $230.67.
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Knight Transportation (KNX)
In a report released today, Jason Seidl from TD Cowen maintained a Buy rating on Knight Transportation, with a price target of $61.00. The company’s shares closed last Wednesday at $56.98.
According to TipRanks.com, Seidl is a top 25 analyst with an average return of
Currently, the analyst consensus on Knight Transportation is a Moderate Buy with an average price target of $64.25, implying a 12.1% upside from current levels. In a report issued on January 10, Barclays also maintained a Buy rating on the stock with a $65.00 price target.
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