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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on TechnipFMC (FTIResearch Report) and Vitesco Technologies Group AG (VTSCFResearch Report) with bullish sentiments.

TechnipFMC (FTI)

Kepler Capital analyst Bertrand Hodee upgraded TechnipFMC to Buy on April 26 and set a price target of $10.00. The company’s shares closed last Wednesday at $7.59.

According to TipRanks.com, Hodee is ranked #323 out of 7890 analysts.

Currently, the analyst consensus on TechnipFMC is a Moderate Buy with an average price target of $10.45, representing a 37.7% upside. In a report issued on April 19, Societe Generale also upgraded the stock to Buy with a $10.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Vitesco Technologies Group AG (VTSCF)

In a report issued on April 26, Alexandre Raverdy from Kepler Capital maintained a Buy rating on Vitesco Technologies Group AG, with a price target of EUR45.00. The company’s shares closed last Wednesday at $49.93, close to its 52-week low of $49.41.

According to TipRanks.com, Raverdy is ranked #6817 out of 7890 analysts.

Currently, the analyst consensus on Vitesco Technologies Group AG is a Moderate Buy with an average price target of $55.75, representing a 41.0% upside. In a report issued on April 18, UBS also maintained a Buy rating on the stock with a EUR60.00 price target.

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