There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on TFI International (TFII – Research Report) and Rocket Lab USA (RKLB – Research Report) with bullish sentiments.
TFI International (TFII)
In a report issued on May 8, J. Bruce Chan from Stifel Nicolaus maintained a Buy rating on TFI International, with a price target of $151.00. The company’s shares closed last Friday at $137.77.
According to TipRanks.com, Chan is a 3-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 $161.86 average price target, which is a 17.9% 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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Rocket Lab USA (RKLB)
Stifel Nicolaus analyst Erik Rasmussen maintained a Buy rating on Rocket Lab USA on May 8 and set a price target of $9.00. The company’s shares closed last Friday at $4.02, close to its 52-week low of $3.47.
According to TipRanks.com, Rasmussen is ranked #921 out of 8834 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rocket Lab USA with a $7.86 average price target, representing a 91.7% upside. In a report issued on May 6, Citi also maintained a Buy rating on the stock with a $5.45 price target.
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Read More on TFII:
- TFI International price target lowered to C$230 from C$235 at Scotiabank
- TFI International shares ‘close to floor levels,’ says CIBC
- TFI International price target lowered to $176 from $178 at TD Cowen
- TFI International price target lowered to $162 from $173 at RBC Capital
- TFI International upgraded to Outperform from Sector Perform at National Bank
