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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Enovis (ENOV), Raytheon Technologies (RTX) and Axon Enterprise (AXON)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Enovis (ENOVResearch Report), Raytheon Technologies (RTXResearch Report) and Axon Enterprise (AXONResearch Report).

Enovis (ENOV)

Wells Fargo analyst Vik Chopra maintained a Buy rating on Enovis yesterday and set a price target of $79.00. The company’s shares closed last Tuesday at $55.47.

According to TipRanks.com, Chopra is a 1-star analyst with an average return of -3.7% and a 40.9% success rate. Chopra covers the Healthcare sector, focusing on stocks such as Integra Lifesciences, Alphatec Holdings, and Globus Medical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Enovis with a $76.83 average price target, which is a 38.6% upside from current levels. In a report issued on April 10, Needham also maintained a Buy rating on the stock with a $82.00 price target.

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Raytheon Technologies (RTX)

In a report released today, Ronald Epstein from Bank of America Securities reiterated a Hold rating on Raytheon Technologies, with a price target of $110.00. The company’s shares closed last Tuesday at $101.38, close to its 52-week high of $103.89.

According to TipRanks.com, Epstein is a 5-star analyst with an average return of 7.7% and a 60.1% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Spirit AeroSystems, and Huntington Ingalls.

Raytheon Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $102.86, representing a 1.8% upside. In a report issued on April 19, RBC Capital also maintained a Hold rating on the stock with a $96.00 price target.

Axon Enterprise (AXON)

Needham analyst Joshua Reilly maintained a Buy rating on Axon Enterprise today and set a price target of $400.00. The company’s shares closed last Tuesday at $301.56.

According to TipRanks.com, Reilly is a 3-star analyst with an average return of 1.5% and a 42.6% success rate. Reilly covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Tyler Technologies, and Verint Systems.

Currently, the analyst consensus on Axon Enterprise is a Strong Buy with an average price target of $332.30, which is an 12.0% upside from current levels. In a report issued on April 11, J.P. Morgan also maintained a Buy rating on the stock with a $365.00 price target.

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