Analysts Offer Insights on Industrial Goods Companies: CryoPort (CYRX), Bloom Energy (BE) and Vontier (VNT)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on CryoPort (CYRX – Research Report), Bloom Energy (BE – Research Report) and Vontier (VNT – Research Report) with bullish sentiments.

CryoPort (CYRX)

In a report released today, Puneet Souda from SVB Securities maintained a Buy rating on CryoPort, with a price target of $28.00. The company’s shares closed last Thursday at $26.49, close to its 52-week low of $19.82.

According to TipRanks.com, Souda has 0 stars on 0-5 stars ranking scale with an average return of -11.9% and a 36.1% success rate. Souda covers the Healthcare sector, focusing on stocks such as AbCellera Biologics, Castle Biosciences, and Twist Bioscience.

Currently, the analyst consensus on CryoPort is a Strong Buy with an average price target of $36.20, which is a 36.7% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $40.00 price target.

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Bloom Energy (BE)

In a report released yesterday, Lloyd Byrne from Jefferies maintained a Buy rating on Bloom Energy, with a price target of $29.00. The company’s shares closed last Thursday at $17.23.

According to TipRanks.com, Byrne is a top 100 analyst with an average return of 40.1% and a 60.5% success rate. Byrne covers the Utilities sector, focusing on stocks such as Northern Oil And Gas, Southwestern Energy, and Marathon Petroleum.

Bloom Energy has an analyst consensus of Moderate Buy, with a price target consensus of $29.77, representing a 72.8% upside. In a report issued on October 20, J.P. Morgan also maintained a Buy rating on the stock with a $29.00 price target.

Vontier (VNT)

Credit Suisse analyst John Walsh maintained a Buy rating on Vontier today and set a price target of $24.00. The company’s shares closed last Thursday at $17.21, close to its 52-week low of $16.55.

According to TipRanks.com, Walsh is a 5-star analyst with an average return of 14.4% and a 58.6% success rate. Walsh covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vontier with a $25.50 average price target.

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