There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on GXO Logistics (GXO – Research Report) and Karman Holdings Inc. (KRMN – Research Report) with bullish sentiments.
Stay Ahead of the Market:
GXO Logistics (GXO)
Wells Fargo analyst Christian Wetherbee maintained a Buy rating on GXO Logistics today and set a price target of $44.00. The company’s shares closed last Friday at $34.25.
According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 9.8% and a 52.4% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Schneider National.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GXO Logistics with a $51.07 average price target, implying a 50.5% upside from current levels. In a report issued on April 7, Morgan Stanley also maintained a Buy rating on the stock with a $56.00 price target.
See the top stocks recommended by analysts >>
Karman Holdings Inc. (KRMN)
William Blair analyst Louie DiPalma maintained a Buy rating on Karman Holdings Inc. today. The company’s shares closed last Friday at $31.03.
According to TipRanks.com, DiPalma has 0 stars on 0-5 stars ranking scale with an average return of -19.1% and a 50.0% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and Caci International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Karman Holdings Inc. with a $39.50 average price target, representing a 32.5% upside. In a report issued on April 2, RBC Capital also maintained a Buy rating on the stock with a $38.00 price target.
Read More on GXO: