Wall Street Analysts Are Neutral on Top Conglomerates Picks


Analysts fell to the sidelines weighing in on Xylem (NYSE: XYL), Cummins (NYSE: CMI) and Littelfuse (NASDAQ: LFUS) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Xylem (NYSE: XYL)

Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Xylem (NYSE: XYL) today and set a price target of $75. The company’s shares closed yesterday at $70.37.

According to TipRanks.com, Jones is a 4-star analyst with an average return of 5.6% and a 55.1% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Lincoln Electric Holdings, and Watts Water Technologies.

Currently, the analyst consensus on Xylem is Moderate Buy and the average price target is $81, representing a 15.1% upside.

In a report issued on April 24, Canaccord Genuity also reiterated a Hold rating on the stock with a $78 price target.

Find more picks by Best Performing Analysts >>

Cummins (NYSE: CMI)

In a report released today, Michael Baudendistel from Stifel Nicolaus maintained a Hold rating on Cummins (NYSE: CMI), with a price target of $174. The company’s shares closed yesterday at $153.28, close to its 52-week low of $149.10.

According to TipRanks.com, Baudendistel is a 1-star analyst with an average return of -0.4% and a 48.5% success rate. Baudendistel covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, Wabash National Corp, and Trinity Industries.

Currently, the analyst consensus on Cummins is Hold and the average price target is $170.10, representing a 11.0% upside.

In a report released yesterday, Wells Fargo also downgraded the stock to Hold with a $165 price target.

Littelfuse (NASDAQ: LFUS)

Oppenheimer analyst Christopher Glynn maintained a Hold rating on Littelfuse (NASDAQ: LFUS) today. The company’s shares closed yesterday at $186.59.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 9.4% and a 61.6% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Roper Technologies.

Currently, the analyst consensus on Littelfuse is Moderate Buy and the average price target is $237, representing a 27.0% upside.

In a report released yesterday, Barrington also maintained a Hold rating on the stock.

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