Analysts Weigh In on Industrial Goods Sector

Analysts have weighed in on Industrial Goods sector companies UL Solutions Inc. Class A (ULS), 3M (MMM), and Knight Transportation (KNX) with new ratings. William Blair analyst Andrew Nicholas maintained a Buy rating on UL Solutions Inc. Class A, citing the company's recent announcements of a certification program for vehicle-to-grid tech and expanded capabilities at a site in Italy.

According to TipRanks.com, Nicholas is a 1-star analyst with an average return of -1.0% and a 34.8% success rate. The analyst consensus on UL Solutions Inc. Class A is Moderate Buy, with a price target consensus of $94.85, implying a 46.5% upside from current levels.

Meanwhile, Varun Govindaraj from Bernstein maintained a Sell rating on 3M, with a price target of $145.00. The company's shares closed last Friday at $165.89. Govindaraj is a 1-star analyst with an average return of -3.1% and a 24.3% success rate.

David Vernon from Bernstein maintained a Buy rating on Knight Transportation, with a price target of $91.00. The company's shares closed last Friday at $66.68. According to TipRanks.com, Vernon is a 4-star analyst with an average return of 9.6% and a 61.9% success rate.