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Analysts Conflicted on These Industrial Goods Names: Louisiana-Pacific (LPX), Babcock & Wilcox Company (BW) and FedEx (FDX)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Louisiana-Pacific (LPXResearch Report), Babcock & Wilcox Company (BWResearch Report) and FedEx (FDXResearch Report).

Louisiana-Pacific (LPX)

In a report released today, Kurt Yinger from D.A. Davidson maintained a Buy rating on Louisiana-Pacific. The company’s shares closed last Wednesday at $77.48.

According to TipRanks.com, Yinger is a 5-star analyst with an average return of 32.9% and a 84.4% success rate. Yinger covers the Industrial Goods sector, focusing on stocks such as Builders Firstsource, Bluelinx Holdings, and AZEK Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Louisiana-Pacific with a $78.14 average price target.

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Babcock & Wilcox Company (BW)

In a report released today, Aaron Spychalla from Craig-Hallum maintained a Hold rating on Babcock & Wilcox Company. The company’s shares closed last Wednesday at $1.08, close to its 52-week low of $0.75.

According to TipRanks.com, Spychalla is a 3-star analyst with an average return of 4.7% and a 69.6% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Bowman Consulting Group, American Superconductor, and Ceco Environmental.

Babcock & Wilcox Company has an analyst consensus of Moderate Buy, with a price target consensus of $7.25.

FedEx (FDX)

Bernstein analyst Alex Irving maintained a Buy rating on FedEx today. The company’s shares closed last Wednesday at $270.30.

According to TipRanks.com, Irving is a 3-star analyst with an average return of 3.7% and a 54.2% success rate. Irving covers the Industrial Goods sector, focusing on stocks such as AP Moller – Maersk, Ryanair Holdings, and United Parcel.

Currently, the analyst consensus on FedEx is a Moderate Buy with an average price target of $308.30, a 13.2% upside from current levels. In a report issued on April 8, Stephens also resumed coverage with a Buy rating on the stock with a $320.00 price target.

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