There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on ModivCare (MODV – Research Report) and Luminar Technologies (LAZR – Research Report) with bullish sentiments.
Barrington analyst Michael Petusky maintained a Buy rating on ModivCare today and set a price target of $138.00. The company’s shares closed last Friday at $86.00, close to its 52-week low of $80.55.
According to TipRanks.com, Petusky is a 4-star analyst with an average return of
ModivCare has an analyst consensus of Moderate Buy, with a price target consensus of $138.00.
Luminar Technologies (LAZR)
In a report released today, Jaime Perez from R.F. Lafferty maintained a Buy rating on Luminar Technologies, with a price target of $24.00. The company’s shares closed last Friday at $8.04, close to its 52-week low of $5.61.
According to TipRanks.com, Perez is ranked #7707 out of 8008 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Luminar Technologies with a $14.15 average price target, which is an 82.6% upside from current levels. In a report issued on November 2, Robert W. Baird also maintained a Buy rating on the stock with a $12.00 price target.
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