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Analysts Divided on Industrial Goods Stocks 3M, Equifax, and RTX

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Analysts have been actively reviewing stocks in the Industrial Goods sector, with new ratings issued for 3M (MMM), Equifax (EFX), and RTX (RTX). Bank of America Securities analyst Andrew Obin maintained a Buy rating on 3M, setting a price target of $200.00. The stock closed last Tuesday at $171.37. Obin, a 5-star analyst with a 16.8% average return, covers various industrial goods stocks. The consensus among analysts is a Moderate Buy for 3M, with an average price target of $186.55, suggesting a 14.4% upside from current levels. Additionally, TipRanks upgraded the stock to Buy with a $181.00 price target.

Equifax (EFX) also received a Buy rating from Bank of America Securities analyst Curtis Nagle, who set a price target of $200.00. The stock closed last Tuesday at $176.54. Nagle has an average return of 5.7% when recommending Equifax. The broader analyst consensus for Equifax is a Strong Buy, with an average price target of $193.10, indicating a 16.2% potential upside. Needham also maintained a Buy rating on the stock in a report issued on October 5.

RTX (RTX) was given a Hold rating by Wells Fargo analyst David E. Strauss, who set a price target of $230.00. The stock closed last Tuesday at $193.34. Strauss, a 5-star analyst with a 10.9% average return, covers several industrial goods stocks. The consensus for RTX is a Moderate Buy, with an average price target of $231.06, suggesting a 19.5% upside from current levels. However, Deutsche Bank downgraded the stock to Hold with a $208.00 price target in a report issued on October 13.

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