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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Applied Materials (AMAT), PGT (PGTI) and Grab (GRAB)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Applied Materials (AMATResearch Report), PGT (PGTIResearch Report) and Grab (GRABResearch Report).

Applied Materials (AMAT)

In a report released today, Quinn Bolton from Needham maintained a Buy rating on Applied Materials, with a price target of $120.00. The company’s shares closed last Thursday at $104.45.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 36.0% and a 67.6% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Rockley Photonics Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Applied Materials with a $116.30 average price target, a 15.8% upside from current levels. In a report released today, Summit Redstone Partners also upgraded the stock to Buy.

See Insiders’ Hot Stocks on TipRanks >>

PGT (PGTI)

In a report issued on November 16, Michael Rehaut from J.P. Morgan maintained a Hold rating on PGT, with a price target of $20.00. The company’s shares closed last Thursday at $19.57.

According to TipRanks.com, Rehaut is a 3-star analyst with an average return of 1.2% and a 48.0% success rate. Rehaut covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Green Brick Partners, and Century Communities.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PGT with a $26.50 average price target.

Grab (GRAB)

In a report issued on November 16, Ranjan Sharma from J.P. Morgan maintained a Hold rating on Grab, with a price target of $3.20. The company’s shares closed last Thursday at $3.22, close to its 52-week low of $2.19.

According to TipRanks.com, Sharma is ranked #3780 out of 8101 analysts.

Grab has an analyst consensus of Moderate Buy, with a price target consensus of $4.14.

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