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Analysts Offer Insights on Industrial Goods Companies: Eaton (ETN), Lear (LEA) and SunPower (SPWR)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Eaton (ETNResearch Report), Lear (LEAResearch Report) and SunPower (SPWRResearch Report).

Eaton (ETN)

Wells Fargo analyst Joe O’Dea maintained a Hold rating on Eaton today and set a price target of $142.00. The company’s shares closed last Tuesday at $146.39.

According to TipRanks.com, O’Dea is a 1-star analyst with an average return of -3.8% and a 41.1% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.

Eaton has an analyst consensus of Moderate Buy, with a price target consensus of $157.23, a 5.9% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Hold rating on the stock with a $144.00 price target.

See the top stocks recommended by analysts >>

Lear (LEA)

In a report released today, Colin Langan from Wells Fargo maintained a Buy rating on Lear, with a price target of $173.00. The company’s shares closed last Tuesday at $155.21.

According to TipRanks.com, Langan is a 1-star analyst with an average return of -1.1% and a 52.8% success rate. Langan covers the Industrial Goods sector, focusing on stocks such as Magna International, BorgWarner, and Autoliv.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lear with a $158.00 average price target, representing a 5.4% upside. In a report issued on July 22, J.P. Morgan also maintained a Buy rating on the stock with a $175.00 price target.

SunPower (SPWR)

Raymond James analyst Pavel Molchanov maintained a Buy rating on SunPower today and set a price target of $25.00. The company’s shares closed last Tuesday at $21.70.

Molchanov has an average return of 2.7% when recommending SunPower.

According to TipRanks.com, Molchanov is ranked #295 out of 7991 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for SunPower with a $19.80 average price target.

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