Analysts Have Conflicting Sentiments on These Industrial Goods Companies: JetBlue Airways (JBLU) and Enovix (ENVX)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on JetBlue Airways (JBLU – Research Report) and Enovix (ENVX – Research Report).
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Enovix (ENVX)
In a report released yesterday, Anthony Stoss from Craig-Hallum maintained a Buy rating on Enovix. The company's shares closed last Tuesday at $6.77, close to its 52-week low of $5.70.
According to TipRanks.com, Stoss is a 4-star analyst with an average return of 3.0% and a 46.9% success rate. Stoss covers the Technology sector, focusing on stocks such as indie Semiconductor, Skyworks Solutions, and Digi International.
Currently, the analyst consensus on Enovix is a Strong Buy with an average price target of $20.43, a 195.7% upside from current levels. In a report issued on April 24, J.P. Morgan also maintained a Buy rating on the stock with a $10.00 price target.
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