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Analysts’ Top Industrial Goods Picks: Halliburton (HAL), JB Hunt (JBHT)

Analysts fell to the sidelines weighing in on Halliburton (HALResearch Report) and JB Hunt (JBHTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Halliburton (HAL)

In a report released today, Phillip Jungwirth from BMO Capital maintained a Hold rating on Halliburton, with a price target of $37.00. The company’s shares closed last Wednesday at $29.52.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 4.1% and a 45.6% success rate. Jungwirth covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Marathon Petroleum, and EOG Resources.

Halliburton has an analyst consensus of Strong Buy, with a price target consensus of $41.06, a 41.9% upside from current levels. In a report released today, Wells Fargo also maintained a Hold rating on the stock with a $33.00 price target.

See today’s best-performing stocks on TipRanks >>

JB Hunt (JBHT)

BMO Capital analyst Fadi Chamoun maintained a Hold rating on JB Hunt today and set a price target of $190.00. The company’s shares closed last Wednesday at $171.12.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 14.5% and a 69.5% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Norfolk Southern.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JB Hunt with a $198.71 average price target, a 16.8% upside from current levels. In a report issued on July 12, J.P. Morgan also maintained a Hold rating on the stock with a $186.00 price target.

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