Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Here's a look at some of the top indutsrials stocks from several analysts, according to Benzinga Analyst Stock Ratings.
Caterpillar Inc. CAT
- Stifel analyst Stanley Elliott maintained a Buy rating on the stock and boosted the price target from $285 to $293 on Dec. 19, 2023. This analyst sees around 1% downside in the stock and has an accuracy rate of 74%.
- Goldman Sachs analyst Jerry Revich maintained a Buy rating and lowered the price target from $315 to $274 on Nov. 1, 2023. This analyst sees the stock falling around 8% and has an accuracy rate of 75%.
- Recent News: On Oct. 31, Caterpillar reported upbeat earnings for the third quarter..
Honeywell International Inc. HON
- RBC Capital analyst Deane Dray reiterated a Sector Perform rating with a price target of $210 on Nov. 30, 2023. Dray sees 0.4% growth in the stock and has an accuracy rate of 71%.
- UBS analyst Chris Snyder maintained a Sell rating and cut the price target from $185 to $180 on July 28, 2023. This analyst sees around 14% decrease in the stock and has an accuracy rate of 72%.
- Recent News: Honeywell International agreed to acquire Carrier Global’s Global Access Solutions business for $4.95 billion in an all-cash transaction.
Uber Technologies, Inc. UBER
- Oppenheimer analyst Jason Helfstein maintained an Outperform rating and raised the price target from $65 to $75 on Dec. 4, 2023. This analyst sees around 19% upside in the stock and has an accuracy rate of 78%.
- Roth MKM analyst Rohit Kulkarni maintained a Buy rating and increased the price target from $61 to $62 on Nov. 8, 2023. This analyst sees around 2% decline in the stock and has an accuracy rate of 82%.
- Recent News: Tesla forged a partnership with Uber to offer its electric cars to Uber drivers at a discounted rate, with savings of up to $3,000.
United Parcel Service, Inc. UPS
- JP Morgan analyst Brian Ossenbeck maintained a Neutral rating and cut the price target from $165 to $156 on Dec. 21, 2023. This analyst sees around 1% decline in the stock and has an accuracy rate of 73%.
- Raymond James analyst Patrick Tyler Brown maintained a Strong Buy rating and lowered the price target from $205 to $200 on Sept. 29, 2023. This analyst sees around 27% upside in the stock and has an accuracy rate of 78%.
- Recent News: On Oct. 26, United Parcel Service reported a third-quarter fiscal 2023 revenue decline of 12.8% year-over-year to $21.06 billion, missing the consensus of $21.45 billion.
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