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Analysts Offer Insights on Industrial Goods Companies: Masco (MAS) and Trane Technologies (TT)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Masco (MASResearch Report) and Trane Technologies (TTResearch Report).

Masco (MAS)

In a report released today, Sam Reid from Wells Fargo maintained a Buy rating on Masco, with a price target of $90.00. The company’s shares closed last Friday at $76.90, close to its 52-week high of $78.94.

According to TipRanks.com, Reid is a 4-star analyst with an average return of 12.2% and a 68.6% success rate. Reid covers the NA sector, focusing on stocks such as Toll Brothers, PulteGroup, and DR Horton.

Currently, the analyst consensus on Masco is a Moderate Buy with an average price target of $80.41.

See Insiders’ Hot Stocks on TipRanks >>

Trane Technologies (TT)

Wells Fargo analyst Joe O’Dea maintained a Sell rating on Trane Technologies today and set a price target of $281.00. The company’s shares closed last Friday at $304.67, close to its 52-week high of $306.13.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 10.3% and a 60.1% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Emerson Electric Company, and Honeywell International.

The word on The Street in general, suggests a Hold analyst consensus rating for Trane Technologies with a $292.50 average price target.

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