There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on L3Harris Technologies (LHX – Research Report), Saia (SAIA – Research Report) and TFI International (TFII – Research Report) with bullish sentiments.
L3Harris Technologies (LHX)
RBC Capital analyst Kenneth Herbert maintained a Buy rating on L3Harris Technologies on April 26 and set a price target of $250.00. The company’s shares closed last Friday at $214.54, close to its 52-week high of $218.34.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of
L3Harris Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $241.22, representing a 13.8% upside. In a report issued on April 22, Alembic Global also upgraded the stock to Buy with a $238.00 price target.
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Saia (SAIA)
In a report released today, Christopher Kuhn from Benchmark Co. maintained a Buy rating on Saia, with a price target of $575.00. The company’s shares closed last Friday at $428.81.
According to TipRanks.com, Kuhn is a 4-star analyst with an average return of
Saia has an analyst consensus of Moderate Buy, with a price target consensus of $586.07, representing a 29.6% upside. In a report issued on April 26, Evercore ISI also maintained a Buy rating on the stock with a $523.00 price target.
TFI International (TFII)
RBC Capital analyst Walter Spracklin reiterated a Buy rating on TFI International on April 26 and set a price target of $162.00. The company’s shares closed last Friday at $137.84.
According to TipRanks.com, Spracklin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TFI International with a $160.82 average price target, which is a 18.4% upside from current levels. In a report issued on April 26, National Bank also upgraded the stock to Buy with a C$217.00 price target.
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Read More on LHX:
- L3Harris raises FY24 revenue view to $20.8B-$21.3B from $20.7B-$21.3B
- L3Harris raises FY24 adjusted EPS view to $12.70-$13.05 from $12.40-$12.80
- L3Harris Technologies reports Q1 adjusted EPS $3.06, consensus $2.90
- Notable companies reporting after market close
- L3Harris Technologies to cut 5% of workforce to save costs, Reuters reports
