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Analysts Are Bullish on These Industrial Goods Stocks: Aaon (AAON), Axcelis Technologies (ACLS)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Aaon (AAONResearch Report), Axcelis Technologies (ACLSResearch Report) and ITT (ITTResearch Report) with bullish sentiments.

Aaon (AAON)

In a report released today, Brent Thielman from D.A. Davidson reiterated a Buy rating on Aaon, with a price target of $115.00. The company’s shares closed last Thursday at $96.28, close to its 52-week high of $100.80.

According to TipRanks.com, Thielman is a 5-star analyst with an average return of 13.1% and a 56.2% success rate. Thielman covers the Industrial Goods sector, focusing on stocks such as Bowman Consulting Group, Mueller Water Products, and Construction Partners.

Aaon has an analyst consensus of Moderate Buy, with a price target consensus of $115.00.

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Axcelis Technologies (ACLS)

In a report released today, Thomas Diffely from D.A. Davidson maintained a Buy rating on Axcelis Technologies. The company’s shares closed last Thursday at $113.54.

According to TipRanks.com, Diffely is a 5-star analyst with an average return of 14.9% and a 63.4% success rate. Diffely covers the Technology sector, focusing on stocks such as Onto Innovation, PDF Solutions, and Formfactor.

Axcelis Technologies has an analyst consensus of Strong Buy, with a price target consensus of $147.75, implying a 21.0% upside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $146.00 price target.

ITT (ITT)

In a report released today, Joe Ritchie from Goldman Sachs maintained a Buy rating on ITT. The company’s shares closed last Thursday at $82.40.

According to TipRanks.com, Ritchie is a 4-star analyst with an average return of 8.0% and a 53.3% success rate. Ritchie covers the Industrial Goods sector, focusing on stocks such as Zurn Water Solutions, Lennox International, and Trane Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ITT with a $103.29 average price target, implying a 23.4% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $101.00 price target.

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