Wall Street Analysts Are Bullish on Top Industrial Goods Picks

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Blue Bird (BLBD – Research Report), Acacia Research (ACTG – Research Report) and Latham Group (SWIM – Research Report) with bullish sentiments.

Blue Bird (BLBD)

In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Blue Bird. The company’s shares closed last Monday at $44.13.

According to TipRanks.com, Stine is a 4-star analyst with an average return of 5.5% and a 35.9% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as American Superconductor, PureCycle Technologies, and Flux Power Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Blue Bird with a $49.60 average price target.

See the top stocks recommended by analysts >>

Acacia Research (ACTG)

Craig-Hallum analyst Anthony Stoss reiterated a Buy rating on Acacia Research today. The company’s shares closed last Monday at $3.56, close to its 52-week low of $3.28.

According to TipRanks.com, Stoss is a 5-star analyst with an average return of 8.6% and a 52.6% success rate. Stoss covers the Technology sector, focusing on stocks such as indie Semiconductor, Digi International, and Skyworks Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Acacia Research.

Latham Group (SWIM)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Latham Group. The company’s shares closed last Monday at $6.74.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 10.0% and a 52.4% success rate. Palm covers the Technology sector, focusing on stocks such as Bel Fuse Inc, 3D Systems, and Stratasys.

Latham Group has an analyst consensus of Moderate Buy, with a price target consensus of $6.33.

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