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Analysts Offer Insights on Industrial Goods Companies: Ryder System (R) and Lockheed Martin (LMT)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Ryder System (RResearch Report) and Lockheed Martin (LMTResearch Report).

Ryder System (R)

Goldman Sachs analyst Jordan Alliger maintained a Buy rating on Ryder System yesterday. The company’s shares closed last Tuesday at $122.01.

According to TipRanks.com, Alliger is a 4-star analyst with an average return of 9.0% and a 56.4% success rate. Alliger covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Expeditors International.

Currently, the analyst consensus on Ryder System is a Hold with an average price target of $117.67.

See the top stocks recommended by analysts >>

Lockheed Martin (LMT)

In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Sell rating on Lockheed Martin. The company’s shares closed last Tuesday at $460.08.

According to TipRanks.com, Poponak is a 2-star analyst with an average return of -0.2% and a 42.7% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Huntington Ingalls.

Currently, the analyst consensus on Lockheed Martin is a Hold with an average price target of $486.50.

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