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Analysts Offer Insights on Industrial Goods Companies: Carlisle Companies (CSL), Bluelinx Holdings (BXC) and Upwork (UPWK)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Carlisle Companies (CSLResearch Report), Bluelinx Holdings (BXCResearch Report) and Upwork (UPWKResearch Report) with bullish sentiments.

Carlisle Companies (CSL)

In a report released today, Garik Shmois from Loop Capital Markets maintained a Buy rating on Carlisle Companies, with a price target of $475.00. The company’s shares closed last Wednesday at $385.18, close to its 52-week high of $415.00.

According to TipRanks.com, Shmois is a 5-star analyst with an average return of 17.3% and a 71.3% success rate. Shmois covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Sherwin-Williams Company, and Knife River Corporation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carlisle Companies with a $440.00 average price target, a 13.5% upside from current levels. In a report issued on April 18, Oppenheimer also maintained a Buy rating on the stock with a $412.00 price target.

See today’s best-performing stocks on TipRanks >>

Bluelinx Holdings (BXC)

Loop Capital Markets analyst Jeffrey Stevenson reiterated a Buy rating on Bluelinx Holdings today and set a price target of $135.00. The company’s shares closed last Wednesday at $100.59.

According to TipRanks.com, Stevenson is a 5-star analyst with an average return of 21.7% and a 68.5% success rate. Stevenson covers the Industrial Goods sector, focusing on stocks such as SiteOne Landscape Supply, Builders Firstsource, and AZEK Company.

Currently, the analyst consensus on Bluelinx Holdings is a Strong Buy with an average price target of $135.00, representing a 24.0% upside. In a report released yesterday, D.A. Davidson also maintained a Buy rating on the stock.

Upwork (UPWK)

Needham analyst Bernie McTernan reiterated a Buy rating on Upwork today and set a price target of $20.00. The company’s shares closed last Wednesday at $11.96.

According to TipRanks.com, McTernan has 0 stars on 0-5 stars ranking scale with an average return of -5.7% and a 39.0% success rate. McTernan covers the NA sector, focusing on stocks such as Genius Sports Limited, Fiverr International, and Zillow Group Class C.

Upwork has an analyst consensus of Moderate Buy, with a price target consensus of $18.40, which is a 55.5% upside from current levels. In a report released today, BTIG also upgraded the stock to Buy with a $16.00 price target.

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