There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Deere (DE – Research Report), Huntington Ingalls (HII – Research Report) and Global Payments (GPN – Research Report) with bullish sentiments.
Deere (DE)
In a report released today, Kristen Owen from Oppenheimer maintained a Buy rating on Deere, with a price target of $456.00. The company’s shares closed last Wednesday at $384.78.
According to TipRanks.com, Owen is a 4-star analyst with an average return of
Currently, the analyst consensus on Deere is a Moderate Buy with an average price target of $430.29, which is a 12.3% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a price target.
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Huntington Ingalls (HII)
TD Cowen analyst Gautam Khanna maintained a Buy rating on Huntington Ingalls today and set a price target of $325.00. The company’s shares closed last Wednesday at $280.31, close to its 52-week high of $280.71.
According to TipRanks.com, Khanna is a top 100 analyst with an average return of
Huntington Ingalls has an analyst consensus of Hold, with a price target consensus of $276.60, which is a -0.1% downside from current levels. In a report issued on February 8, J.P. Morgan also maintained a Buy rating on the stock with a $288.00 price target.
Global Payments (GPN)
Oppenheimer analyst Dominick Gabriele maintained a Buy rating on Global Payments today and set a price target of $156.00. The company’s shares closed last Wednesday at $138.98, close to its 52-week high of $139.28.
According to TipRanks.com, Gabriele is a 4-star analyst with an average return of
Currently, the analyst consensus on Global Payments is a Strong Buy with an average price target of $158.86, representing a 20.3% upside. In a report issued on February 2, Evercore ISI also upgraded the stock to Buy with a $185.00 price target.
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Read More on DE:
- Options Volatility and Implied Earnings Moves Today, February 15, 2024
- Deere Reports First Quarter Net Income of $1.751 Billion
- DE Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- DE vs. CAT: Which Heavy Machinery Stock Is the Better Buy?
- John Deere (NYSE:DE) Teams Up with SpaceX’s Starlink
