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Analysts Offer Insights on Industrial Goods Companies: Knight Transportation (KNX), Vertiv Holdings (VRT) and Owens Corning (OC)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Knight Transportation (KNXResearch Report), Vertiv Holdings (VRTResearch Report) and Owens Corning (OCResearch Report).

Knight Transportation (KNX)

Bank of America Securities analyst Ken Hoexter reiterated a Buy rating on Knight Transportation today and set a price target of $54.00. The company’s shares closed last Wednesday at $48.51.

According to TipRanks.com, Hoexter is a 4-star analyst with an average return of 4.0% and a 51.6% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Canadian Pacific Kansas City, and Canadian National Railway.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Knight Transportation with a $56.69 average price target, a 16.3% upside from current levels. In a report issued on April 11, Wolfe Research also maintained a Buy rating on the stock with a $55.00 price target.

See the top stocks recommended by analysts >>

Vertiv Holdings (VRT)

In a report released today, Andrew Obin from Bank of America Securities reiterated a Buy rating on Vertiv Holdings, with a price target of $100.00. The company’s shares closed last Wednesday at $84.57, close to its 52-week high of $94.39.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 11.9% and a 62.3% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Montrose Environmental Group, and Emerson Electric Company.

Vertiv Holdings has an analyst consensus of Strong Buy, with a price target consensus of $88.38, which is a -1.6% downside from current levels. In a report issued on April 11, J.P. Morgan also maintained a Buy rating on the stock with a $95.00 price target.

Owens Corning (OC)

Truist Financial analyst Keith Hughes maintained a Hold rating on Owens Corning today and set a price target of $165.00. The company’s shares closed last Wednesday at $165.22, close to its 52-week high of $173.65.

According to TipRanks.com, Hughes is a top 100 analyst with an average return of 23.7% and a 66.3% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Owens Corning with a $171.80 average price target, implying a 4.8% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $172.00 price target.

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