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Analysts Offer Insights on Industrial Goods Companies: CH Robinson (CHRW), Cummins (CMI) and Emerson Electric Company (EMR)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on CH Robinson (CHRWResearch Report), Cummins (CMIResearch Report) and Emerson Electric Company (EMRResearch Report).

CH Robinson (CHRW)

In a report issued on November 2, Brian Ossenbeck from J.P. Morgan maintained a Buy rating on CH Robinson, with a price target of $108.00. The company’s shares closed last Thursday at $88.47, close to its 52-week low of $86.57.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 6.1% and a 45.7% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Knight Transportation, and Schneider National.

Currently, the analyst consensus on CH Robinson is a Hold with an average price target of $99.35, representing a 13.5% upside. In a report issued on November 2, Cowen & Co. also maintained a Buy rating on the stock with a $106.00 price target.

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Cummins (CMI)

In a report released today, Tami Zakaria from J.P. Morgan maintained a Hold rating on Cummins, with a price target of $250.00. The company’s shares closed last Thursday at $232.76.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 24.0% and a 64.3% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Manitowoc Company, and ESAB Corporation.

Currently, the analyst consensus on Cummins is a Moderate Buy with an average price target of $246.25.

Emerson Electric Company (EMR)

J.P. Morgan analyst Stephen Tusa maintained a Hold rating on Emerson Electric Company on November 2 and set a price target of $80.00. The company’s shares closed last Thursday at $87.01.

According to TipRanks.com, Tusa is a 5-star analyst with an average return of 10.4% and a 62.7% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Honeywell International, John Bean Technologies, and Lennox International.

Currently, the analyst consensus on Emerson Electric Company is a Moderate Buy with an average price target of $94.85, representing a 12.7% upside. In a report issued on November 1, Deutsche Bank also downgraded the stock to Hold with a $96.00 price target.

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