Wall Street Analysts Are Bullish on Top Industrial Goods Picks

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There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Deere (DEResearch Report) and Airbus Group SE (EADSFResearch Report) with bullish sentiments.

Deere (DE)

Wells Fargo analyst Seth Weber maintained a Buy rating on Deere yesterday and set a price target of $445.00. The company’s shares closed last Thursday at $364.66.

According to TipRanks.com, Weber is a top 100 analyst with an average return of 23.0% and a 69.0% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Vestis Corporation, and Manitowoc Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $426.76 average price target, which is a 16.3% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $456.00 price target.

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Airbus Group SE (EADSF)

In a report released today, Christophe Menard from Deutsche Bank maintained a Buy rating on Airbus Group SE, with a price target of EUR165.00. The company’s shares closed last Thursday at $161.00, close to its 52-week high of $165.25.

According to TipRanks.com, Menard is a 5-star analyst with an average return of 10.6% and a 62.4% success rate. Menard covers the Industrial Goods sector, focusing on stocks such as Rolls-Royce Holdings, BAE Systems, and Atlas Copco.

Airbus Group SE has an analyst consensus of Moderate Buy, with a price target consensus of $168.92, representing a 4.4% upside. In a report issued on February 7, Jefferies also maintained a Buy rating on the stock with a EUR170.00 price target.

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