Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Allegiant Travel Company (ALGT) and Applied Materials (AMAT).
Allegiant Travel Company (ALGT)
In a report released today, Ravi Shanker from Morgan Stanley maintained a Buy rating on Allegiant Travel Company, with a price target of $190.00. The company’s shares closed last Monday at $175.32, close to its 52-week high of $186.32.
According to TipRanks.com, Shanker is a 1-star analyst with an average return of -0.5% and a 55.2% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Expeditors International, and Echo Global Logistics.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Allegiant Travel Company with a $180.50 average price target, implying a 1.3% upside from current levels. In a report issued on November 30, Raymond James also maintained a Buy rating on the stock with a $215.00 price target.
See today’s analyst top recommended stocks >>
Applied Materials (AMAT)
Morgan Stanley analyst Joseph Moore maintained a Hold rating on Applied Materials today and set a price target of $95.00. The company’s shares closed last Monday at $89.33, close to its 52-week high of $90.26.
According to TipRanks.com, Moore is a 5-star analyst with an average return of 13.9% and a 61.2% success rate. Moore covers the Technology sector, focusing on stocks such as Texas Instruments, Lam Research, and Kla-Tencor.
Currently, the analyst consensus on Applied Materials is a Strong Buy with an average price target of $85.94.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.