There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Parker Hannifin (PH – Research Report), Casella Waste (CWST – Research Report) and Transdigm Group (TDG – Research Report) with bullish sentiments.
Parker Hannifin (PH)
In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Buy rating on Parker Hannifin, with a price target of $575.00. The company’s shares closed last Friday at $520.06, close to its 52-week high of $527.43.
According to TipRanks.com, O’Dea is a 4-star analyst with an average return of
Parker Hannifin has an analyst consensus of Moderate Buy, with a price target consensus of $539.33, representing a 2.9% upside. In a report issued on February 14, Goldman Sachs also maintained a Buy rating on the stock with a $628.00 price target.
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Casella Waste (CWST)
Wells Fargo analyst John Mazzoni maintained a Buy rating on Casella Waste yesterday and set a price target of $100.00. The company’s shares closed last Friday at $91.83.
According to TipRanks.com, Mazzoni is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Casella Waste with a $99.00 average price target, implying an 8.4% upside from current levels. In a report issued on February 16, Stifel Nicolaus also reiterated a Buy rating on the stock with a $105.00 price target.
Transdigm Group (TDG)
Bank of America Securities analyst Ronald Epstein reiterated a Buy rating on Transdigm Group today and set a price target of $1310.00. The company’s shares closed last Friday at $1146.39, close to its 52-week high of $1165.00.
According to TipRanks.com, Epstein is a 4-star analyst with an average return of
Currently, the analyst consensus on Transdigm Group is a Strong Buy with an average price target of $1246.71, representing a 7.5% upside. In a report issued on February 8, Goldman Sachs also maintained a Buy rating on the stock with a $1285.00 price target.
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Read More on PH:
- Parker Scheduled to Present at Barclays 41st Annual Industrial Select Conference on February 21 at 10:20 a.m. Eastern Time
- Parker Scheduled to Present at Citi’s 2024 Global Industrial Tech and Mobility Conference on February 20 at 11:20 a.m. Eastern Time
- Parker-Hannifin price target raised to $558 from $500 at Barclays
- Parker-Hannifin price target raised to $575 from $510 at Wells Fargo
- Parker-Hannifin price target raised to $550 from $460 at Argus
