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Analysts Offer Insights on Industrial Goods Companies: Rocket Lab USA (RKLB), Chart Industries (GTLS) and Republic Services (RSG)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Rocket Lab USA (RKLBResearch Report), Chart Industries (GTLSResearch Report) and Republic Services (RSGResearch Report) with bullish sentiments.

Rocket Lab USA (RKLB)

In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on Rocket Lab USA, with a price target of $10.00. The company’s shares closed last Wednesday at $4.59.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 6.4% and a 60.6% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Spirit AeroSystems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rocket Lab USA with a $7.78 average price target, representing a 76.0% upside. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $10.00 price target.

See today’s best-performing stocks on TipRanks >>

Chart Industries (GTLS)

In a report released today, Marc Bianchi from TD Cowen maintained a Buy rating on Chart Industries, with a price target of $260.00. The company’s shares closed last Wednesday at $147.68.

According to TipRanks.com, Bianchi has 0 stars on 0-5 stars ranking scale with an average return of -6.1% and a 37.0% success rate. Bianchi covers the NA sector, focusing on stocks such as Liberty Oilfield Services, Baker Hughes Company, and Core Laboratories.

Currently, the analyst consensus on Chart Industries is a Moderate Buy with an average price target of $177.08, which is a 20.5% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $170.00 price target.

Republic Services (RSG)

In a report released yesterday, Michael Feniger from Bank of America Securities reiterated a Buy rating on Republic Services, with a price target of $205.00. The company’s shares closed last Wednesday at $185.95, close to its 52-week high of $192.57.

According to TipRanks.com, Feniger is a 5-star analyst with an average return of 13.3% and a 67.9% success rate. Feniger covers the Industrial Goods sector, focusing on stocks such as Construction Partners, Waste Connections, and GFL Environmental.

Currently, the analyst consensus on Republic Services is a Moderate Buy with an average price target of $198.38, implying a 3.0% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $200.00 price target.

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