There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on The Middleby (MIDD – Research Report) and FedEx (FDX – Research Report) with bullish sentiments.
The Middleby (MIDD)
Barclays analyst Adam Seiden maintained a Buy rating on The Middleby on March 15 and set a price target of $160.00. The company’s shares closed last Friday at $153.39, close to its 52-week high of $158.04.
According to TipRanks.com, Seiden is a 5-star analyst with an average return of
Currently, the analyst consensus on The Middleby is a Strong Buy with an average price target of $163.00, a 6.4% upside from current levels. In a report issued on March 15, Robert W. Baird also maintained a Buy rating on the stock with a price target.
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FedEx (FDX)
Barclays analyst Brandon Oglenski maintained a Buy rating on FedEx today and set a price target of $310.00. The company’s shares closed last Friday at $253.29.
According to TipRanks.com, Oglenski is a 4-star analyst with an average return of
FedEx has an analyst consensus of Moderate Buy, with a price target consensus of $296.41, which is a 17.2% upside from current levels. In a report issued on March 5, Wolfe Research also maintained a Buy rating on the stock with a $337.00 price target.
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