There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Xylem (XYL – Research Report) and Uber Technologies (UBER – Research Report) with bullish sentiments.
RBC Capital analyst Deane Dray maintained a Buy rating on Xylem on January 5 and set a price target of $121.00. The company’s shares closed last Friday at $111.27.
According to TipRanks.com, Dray is a 5-star analyst with an average return of 8.8% and a 56.3% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Evoqua Water Technologies, and Mueller Water Products.
Xylem has an analyst consensus of Moderate Buy, with a price target consensus of $112.09.
Uber Technologies (UBER)
RBC Capital analyst Brad Erickson maintained a Buy rating on Uber Technologies on January 5 and set a price target of $46.00. The company’s shares closed last Friday at $26.40.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of 12.2% and a 41.4% success rate. Erickson covers the Technology sector, focusing on stocks such as Fiverr International, Alphabet Class A, and Meta Platforms.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $48.87 average price target, which is an 89.0% upside from current levels. In a report issued on January 5, Wolfe Research also maintained a Buy rating on the stock with a $38.00 price target.
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