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Analysts Are Bullish on These Industrial Goods Stocks: Spirit AeroSystems (SPR), XPO (XPO)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Spirit AeroSystems (SPRResearch Report), XPO (XPOResearch Report) and Equifax (EFXResearch Report) with bullish sentiments.

Spirit AeroSystems (SPR)

Bernstein analyst Douglas Harned upgraded Spirit AeroSystems to Buy today and set a price target of $35.00. The company’s shares closed last Wednesday at $28.33.

According to TipRanks.com, Harned is a 4-star analyst with an average return of 6.1% and a 56.8% success rate. Harned covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Howmet Aerospace, and Airbus Group SE.

Spirit AeroSystems has an analyst consensus of Moderate Buy, with a price target consensus of $34.06, a 20.4% upside from current levels. In a report released today, TD Cowen also upgraded the stock to Buy with a $35.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

XPO (XPO)

J.P. Morgan analyst Brian Ossenbeck maintained a Buy rating on XPO yesterday and set a price target of $122.00. The company’s shares closed last Wednesday at $116.54, close to its 52-week high of $117.72.

According to TipRanks.com, Ossenbeck is a 5-star analyst with an average return of 10.2% and a 55.3% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Expeditors International, and Knight Transportation.

XPO has an analyst consensus of Strong Buy, with a price target consensus of $103.46, implying a -4.1% downside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $140.00 price target.

Equifax (EFX)

Citi analyst Arthur Truslove maintained a Buy rating on Equifax yesterday and set a price target of $243.00. The company’s shares closed last Wednesday at $241.86, close to its 52-week high of $252.60.

Truslove has an average return of 15.6% when recommending Equifax.

According to TipRanks.com, Truslove is ranked #6144 out of 8707 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Equifax with a $270.24 average price target, which is a 10.4% upside from current levels. In a report issued on January 23, J.P. Morgan also maintained a Buy rating on the stock with a $290.00 price target.

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