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Analysts Are Bullish on Top Industrial Goods Stocks: Xometry (XMTR), Masco (MAS)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Xometry (XMTRResearch Report) and Masco (MASResearch Report) with bullish sentiments.

Xometry (XMTR)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Xometry today. The company’s shares closed last Thursday at $33.17.

According to TipRanks.com, Palm is a 4-star analyst with an average return of 8.9% and a 52.0% success rate. Palm covers the Technology sector, focusing on stocks such as Sportradar Group AG, SkyWater Technology, and Markforged Holding.

Xometry has an analyst consensus of Moderate Buy, with a price target consensus of $38.00.

See Insiders’ Hot Stocks on TipRanks >>

Masco (MAS)

Jefferies analyst Philip Ng maintained a Buy rating on Masco yesterday and set a price target of $85.00. The company’s shares closed last Thursday at $73.32, close to its 52-week high of $76.43.

According to TipRanks.com, Ng is a 5-star analyst with an average return of 12.9% and a 62.8% success rate. Ng covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Fortune Brands Innovations, and Beacon Roofing Supply.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Masco with a $78.44 average price target, representing a 5.7% upside. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $85.00 price target.

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