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Analysts Offer Insights on Industrial Goods Companies: Woodward (WWD), Wesco International (WCC) and Arcosa (ACA)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Woodward (WWDResearch Report), Wesco International (WCCResearch Report) and Arcosa (ACAResearch Report).

Woodward (WWD)

In a report released today, Christopher Glynn from Oppenheimer maintained a Hold rating on Woodward. The company’s shares closed last Friday at $168.83, close to its 52-week high of $169.99.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 16.0% and a 62.7% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Applied Industrial Technologies, Emerson Electric Company, and Honeywell International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodward with a $179.80 average price target, implying a 6.7% upside from current levels. In a report issued on April 30, Wells Fargo also assigned a Hold rating to the stock with a $172.00 price target.

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

Wesco International (WCC)

In a report released today, Chris Dankert from Loop Capital Markets reiterated a Buy rating on Wesco International, with a price target of $200.00. The company’s shares closed last Friday at $167.70.

According to TipRanks.com, Dankert is a 5-star analyst with an average return of 18.6% and a 80.3% success rate. Dankert covers the Industrial Goods sector, focusing on stocks such as Applied Industrial Technologies, Lincoln Electric Holdings, and Rockwell Automation.

Currently, the analyst consensus on Wesco International is a Strong Buy with an average price target of $196.50, a 16.8% upside from current levels. In a report issued on May 3, Oppenheimer also maintained a Buy rating on the stock with a $200.00 price target.

Arcosa (ACA)

Loop Capital Markets analyst Garik Shmois maintained a Buy rating on Arcosa today and set a price target of $95.00. The company’s shares closed last Friday at $85.33, close to its 52-week high of $89.07.

According to TipRanks.com, Shmois is a 5-star analyst with an average return of 18.2% and a 75.0% success rate. Shmois covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Sherwin-Williams Company, and Knife River Corporation.

Arcosa has an analyst consensus of Strong Buy, with a price target consensus of $93.33, a 16.0% upside from current levels. In a report issued on May 3, D.A. Davidson also maintained a Buy rating on the stock with a $95.00 price target.

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