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Analysts Offer Insights on Industrial Goods Companies: Atmus Filtration Technologies, Inc. (ATMU), GXO Logistics (GXO) and Rockwell Automation (ROK)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Atmus Filtration Technologies, Inc. (ATMUResearch Report), GXO Logistics (GXOResearch Report) and Rockwell Automation (ROKResearch Report).

Atmus Filtration Technologies, Inc. (ATMU)

J.P. Morgan analyst Tami Zakaria maintained a Buy rating on Atmus Filtration Technologies, Inc. on May 6 and set a price target of $37.00. The company’s shares closed last Wednesday at $30.06.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 21.0% and a 66.4% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as Custom Truck One Source, Archer Daniels Midland, and Illinois Tool Works.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atmus Filtration Technologies, Inc. with a $34.50 average price target, representing a 16.9% upside. In a report issued on April 21, Wells Fargo also maintained a Buy rating on the stock with a $37.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

GXO Logistics (GXO)

In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Buy rating on GXO Logistics, with a price target of $61.00. The company’s shares closed last Wednesday at $50.93, close to its 52-week low of $48.11.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 8.0% and a 49.8% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Expeditors International, and Knight Transportation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GXO Logistics with a $67.17 average price target, implying a 33.7% upside from current levels. In a report issued on April 25, TD Cowen also maintained a Buy rating on the stock with a $80.00 price target.

Rockwell Automation (ROK)

In a report released today, Stephen Tusa from J.P. Morgan maintained a Sell rating on Rockwell Automation, with a price target of $245.00. The company’s shares closed last Wednesday at $273.59.

According to TipRanks.com, Tusa is a 5-star analyst with an average return of 14.6% and a 66.7% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.

The word on The Street in general, suggests a Hold analyst consensus rating for Rockwell Automation with a $286.90 average price target, implying a 6.1% upside from current levels. In a report released yesterday, Barclays also maintained a Sell rating on the stock with a $260.00 price target.

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