There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Axon Enterprise (AXON – Research Report) and BWX Technologies (BWXT – Research Report) with bullish sentiments.
Axon Enterprise (AXON)
In a report released yesterday, William Power from Robert W. Baird reiterated a Buy rating on Axon Enterprise, with a price target of $355.00. The company’s shares closed last Tuesday at $312.73, close to its 52-week high of $329.87.
According to TipRanks.com, Power is a 5-star analyst with an average return of
Currently, the analyst consensus on Axon Enterprise is a Strong Buy with an average price target of $346.80, a 10.9% upside from current levels. In a report issued on April 23, Raymond James also maintained a Buy rating on the stock with a $330.00 price target.
See today’s best-performing stocks on TipRanks >>
BWX Technologies (BWXT)
Robert W. Baird analyst Peter Arment maintained a Buy rating on BWX Technologies on May 6 and set a price target of $123.00. The company’s shares closed last Tuesday at $87.04.
According to TipRanks.com, Arment is a 5-star analyst with an average return of
BWX Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $107.80, which is a 16.3% upside from current levels. In a report released yesterday, Deutsche Numis also maintained a Buy rating on the stock with a $110.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on AXON:
- Axon raises FY24 revenue view to $1.94B-$1.99B from $1.88B-$1.94B
- Axon reports Q1 2024 revenue of $461 million, up 34% year over year, raises outlook
- Axon to acquire Dedrone, accelerating the next generation of drone solutions to protect more lives in more places
- Axon reports Q1 non-GAAP EPS $1.15, consensus 94c
- Axon to acquire Dedrone, terms not disclosed
