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Analysts Are Neutral on These Industrial Goods Stocks: Sunoco (SUN), ITT (ITT)

Analysts fell to the sidelines weighing in on Sunoco (SUNResearch Report) and ITT (ITTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Sunoco (SUN)

Mizuho Securities analyst Gabe Moreen reiterated a Hold rating on Sunoco on May 4 and set a price target of $46.00. The company’s shares closed last Thursday at $43.70.

According to TipRanks.com, Moreen is a 4-star analyst with an average return of 4.9% and a 67.6% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Plains All American.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunoco with a $46.75 average price target, representing a 4.1% upside. In a report issued on April 28, Wells Fargo also maintained a Hold rating on the stock with a $46.00 price target.

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

ITT (ITT)

Oppenheimer analyst Bryan Blair maintained a Hold rating on ITT yesterday. The company’s shares closed last Thursday at $73.70, close to its 52-week low of $68.80.

According to TipRanks.com, Blair is a 5-star analyst with an average return of 17.2% and a 57.1% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Altra Industrial Motion.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ITT with a $96.00 average price target.

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