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Analysts Offer Insights on Industrial Goods Companies: Applied Materials (AMAT), CSX (CSX) and Kinder Morgan (KMI)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Applied Materials (AMATResearch Report), CSX (CSXResearch Report) and Kinder Morgan (KMIResearch Report).

Applied Materials (AMAT)

In a report released today, Mehdi Hosseini from Susquehanna reiterated a Hold rating on Applied Materials, with a price target of $135.00. The company’s shares closed last Thursday at $115.69, close to its 52-week low of $112.34.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 10.6% and a 52.5% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on Applied Materials is a Moderate Buy with an average price target of $169.71.

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CSX (CSX)

RBC Capital analyst Walter Spracklin maintained a Buy rating on CSX yesterday and set a price target of $39.00. The company’s shares closed last Thursday at $36.30.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 18.5% and a 65.5% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Andlauer Healthcare Group, and TFI International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSX with a $40.18 average price target, implying a 7.4% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $42.00 price target.

Kinder Morgan (KMI)

In a report released yesterday, Elvira Scotto from RBC Capital maintained a Hold rating on Kinder Morgan, with a price target of $20.00. The company’s shares closed last Thursday at $19.79, close to its 52-week high of $20.19.

According to TipRanks.com, Scotto is a 5-star analyst with an average return of 20.5% and a 62.3% success rate. Scotto covers the Industrial Goods sector, focusing on stocks such as Cheniere Energy Partners, Dcp Midstream Partners, and Crossamerica Partners.

Currently, the analyst consensus on Kinder Morgan is a Moderate Sell with an average price target of $19.83, implying a -0.9% downside from current levels. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $20.00 price target.

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