Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Aspen Aerogels (ASPN), Cummins (CMI) and Schneider National (SNDR)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Aspen Aerogels (ASPN – Research Report), Cummins (CMI – Research Report) and Schneider National (SNDR – Research Report).

Aspen Aerogels (ASPN)

In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Aspen Aerogels, with a price target of $25.00. The company’s shares closed last Thursday at $23.85.

According to TipRanks.com, Dayal has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -14.0% and a 25.2% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as TOMI Environmental Solutions, Amprius Technologies Inc, and Pioneer Power Solutions.

Aspen Aerogels has an analyst consensus of Strong Buy, with a price target consensus of $21.00, a 6.1% upside from current levels. In a report released yesterday, Seaport Global also initiated coverage with a Buy rating on the stock with a $24.00 price target.

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Cummins (CMI)

In a report released today, Michael Feniger from Bank of America Securities reiterated a Sell rating on Cummins, with a price target of $273.00. The company’s shares closed last Thursday at $280.29.

According to TipRanks.com, Feniger is a 5-star analyst with an average return of 12.0% and a 63.8% success rate. Feniger covers the Industrial Goods sector, focusing on stocks such as Construction Partners, Waste Connections, and GFL Environmental.

Currently, the analyst consensus on Cummins is a Hold with an average price target of $287.80.

Schneider National (SNDR)

Bank of America Securities analyst Ken Hoexter reiterated a Hold rating on Schneider National today and set a price target of $23.00. The company’s shares closed last Thursday at $21.52, close to its 52-week low of $20.50.

According to TipRanks.com, Hoexter is a 4-star analyst with an average return of 3.7% and a 51.3% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Canadian Pacific Kansas City, and Canadian National Railway.

Currently, the analyst consensus on Schneider National is a Moderate Buy with an average price target of $25.83.

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Read More on ASPN:

• Aspen Aerogels Projects Financial Outlook for 2024
• Aspen Aerogels raises FY24 EPS view to greater than 3c from greater than (30c)
• Aspen Aerogels, Inc. Reports First Quarter 2024 Financial Results and Recent Business Highlights
• Aspen Aerogels reports Q1 EPS (2c), consensus (11c)
• Aspen Aerogels options imply 11.0% move in share price post-earnings