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Analysts Are Bullish on Top Industrial Goods Stocks: Carlisle Companies (CSL), United Parcel (UPS)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Carlisle Companies (CSLResearch Report) and United Parcel (UPSResearch Report) with bullish sentiments.

Carlisle Companies (CSL)

In a report released today, Saree Boroditsky from Jefferies maintained a Buy rating on Carlisle Companies, with a price target of $350.00. The company’s shares closed last Wednesday at $255.56.

According to TipRanks.com, Boroditsky is a 4-star analyst with an average return of 11.1% and a 63.0% success rate. Boroditsky covers the Industrial Goods sector, focusing on stocks such as Generac Holdings, The Middleby, and Nordson.

Currently, the analyst consensus on Carlisle Companies is a Strong Buy with an average price target of $341.67, implying a 36.5% upside from current levels. In a report issued on January 18, Robert W. Baird also maintained a Buy rating on the stock with a $315.00 price target.

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

United Parcel (UPS)

Jefferies analyst Stephanie Moore reiterated a Buy rating on United Parcel on January 31 and set a price target of $205.00. The company’s shares closed last Wednesday at $184.98.

According to TipRanks.com, Moore is a 5-star analyst with an average return of 29.4% and a 66.7% success rate. Moore covers the Industrial Goods sector, focusing on stocks such as GXO Logistics, Forward Air, and FedEx.

United Parcel has an analyst consensus of Moderate Buy, with a price target consensus of $195.65, representing a 5.9% upside. In a report issued on January 27, Stifel Nicolaus also maintained a Buy rating on the stock with a $202.00 price target.

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