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Analysts Offer Insights on Industrial Goods Companies: Kinetik (KNTK) and Eaton (ETN)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Kinetik (KNTKResearch Report) and Eaton (ETNResearch Report).

Kinetik (KNTK)

Mizuho Securities analyst Gabe Moreen reiterated a Buy rating on Kinetik on November 10 and set a price target of $40.00. The company’s shares closed last Friday at $34.94.

According to TipRanks.com, Moreen is a 4-star analyst with an average return of 6.3% and a 68.3% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Magellan Midstream.

The word on The Street in general, suggests a Hold analyst consensus rating for Kinetik with a $40.75 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Eaton (ETN)

Mizuho Securities analyst Brett Linzey maintained a Hold rating on Eaton on November 9. The company’s shares closed last Friday at $161.60.

According to TipRanks.com, Linzey is a 3-star analyst with an average return of 4.3% and a 61.1% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Zurn Water Solutions, Lennox International, and Trane Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eaton with a $165.80 average price target, representing a 1.9% upside. In a report issued on November 2, Wells Fargo also maintained a Hold rating on the stock with a $157.00 price target.

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