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Analysts Offer Insights on Industrial Goods Companies: Kratos Defense (KTOS), GE Aerospace (GE) and Builders Firstsource (BLDR)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Kratos Defense (KTOSResearch Report), GE Aerospace (GEResearch Report) and Builders Firstsource (BLDRResearch Report) with bullish sentiments.

Kratos Defense (KTOS)

In a report released today, Kenneth Herbert from RBC Capital maintained a Buy rating on Kratos Defense, with a price target of $23.00. The company’s shares closed last Tuesday at $18.76.

According to TipRanks.com, Herbert is a top 100 analyst with an average return of 19.6% and a 65.0% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and AerSale Corporation.

Currently, the analyst consensus on Kratos Defense is a Moderate Buy with an average price target of $22.63, representing a 19.4% upside. In a report issued on April 25, Raymond James also upgraded the stock to Buy with a $27.00 price target.

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

GE Aerospace (GE)

Wells Fargo analyst Matthew Akers maintained a Buy rating on GE Aerospace today and set a price target of $192.00. The company’s shares closed last Tuesday at $168.78, close to its 52-week high of $170.80.

According to TipRanks.com, Akers is a 5-star analyst with an average return of 25.1% and a 86.4% success rate. Akers covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, Raytheon Technologies, and L3Harris Technologies.

Currently, the analyst consensus on GE Aerospace is a Strong Buy with an average price target of $179.13, representing a 6.7% upside. In a report issued on April 24, Argus Research also maintained a Buy rating on the stock with a $180.00 price target.

Builders Firstsource (BLDR)

RBC Capital analyst Michael Dahl maintained a Buy rating on Builders Firstsource yesterday and set a price target of $206.00. The company’s shares closed last Tuesday at $162.62.

According to TipRanks.com, Dahl is a 5-star analyst with an average return of 7.8% and a 58.1% success rate. Dahl covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Masonite International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Builders Firstsource with a $206.08 average price target, a 17.7% upside from current levels. In a report issued on April 22, Bank of America Securities also maintained a Buy rating on the stock.

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