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Analysts Offer Insights on Industrial Goods Companies: RBC Bearings (RBC) and Bloom Energy (BE)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on RBC Bearings (RBCResearch Report) and Bloom Energy (BEResearch Report).

RBC Bearings (RBC)

In a report issued on May 17, Ronald Epstein from Bank of America Securities maintained a Buy rating on RBC Bearings, with a price target of $280.00. The company’s shares closed last Friday at $289.28, equals to its 52-week high of $289.28.

According to TipRanks.com, Epstein is a 5-star analyst with an average return of 9.3% and a 59.5% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Huntington Ingalls.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RBC Bearings with a $238.67 average price target.

See the top stocks recommended by analysts >>

Bloom Energy (BE)

Wells Fargo analyst Michael Blum assigned a Hold rating to Bloom Energy on May 17 and set a price target of $14.00. The company’s shares closed last Friday at $12.33.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 9.1% and a 62.6% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners.

Bloom Energy has an analyst consensus of Moderate Buy, with a price target consensus of $14.42, a 18.4% upside from current levels. In a report issued on May 10, KeyBanc also maintained a Hold rating on the stock.

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