Curtiss-Wright Corporation, The Timken Company, Clean Harbors, Inc., among others, are the industrials stocks approaching important price targets.

Yesterday's session summary: Leading equity indices in the US rose as S&P 500 closed the day at 4,045.64, having gained 1.61%. Nasdaq ended the session at 11,700 after a 1.97% gain.

What is a Price Target?

A "price target" is an estimate of the future price of a stock based on earnings forecasts and assumed valuation multiples. Price targets are typically generated by respected market analysts who believe a stock to be fairly valued relative to its projected and historical earnings. Target prices are used to evaluate stocks and can help investors evaluate the potential risk/reward profile of a stock. Let's review some industrials stocks and their price targets.

Curtiss-Wright (CW) Price target: $176.06 | Last price: $177.67 | Daily range: $176.28 – $179.12

Curtiss-Wright Corporation's run now faces a challenge at $176.06, which is only $1.61 away and will be interesting to follow.

Though in the midst of a 4 day uptrend, gaining a total of 1.65%, ($4), the prevailing bullish trend is beginning to fade following yesterday's downbeat session. Pronounced bearish market sentiment ensured that the commercial aerospace company made a notable 0.62% loss yesterday, declining $1.11 and ultimately closing at $177.67. The day's trading volume totalled 179,223 shares — slightly under the 21-day average of 182,629.

Buyers pushing Timken towards its price target of $89.03; currently at $88.58

Timken's run now faces a challenge at $89.03, which is only 45 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

Timken has posted further gains as part of a 9 day trend that has already seen the stock gain $2.38. Timken pointed in the same direction yesterday: an influx of buyers helped the bearings manufacturer to end the session higher around $88.58, while establishing a $87.7 to $88.81 session range yesterday. Trading volume totalled 343,966 which equates to around 50% of the stock's 21-day average yesterday.

Clean Harbors is trading at $136.47, its target level is $134.97

Clean Harbors is eyeing the $134.97 support line.

While Clean Harbors is on a month bullish trend, yesterday's session put the brakes on the ongoing uptrend — after dropping down to $134.4, the environmental and industrial company recovers some losses and is currently trading at $136.47.

Clean Harbors released its quarterly earnings report Wednesday, beating analysts estimates. The company reported earnings of 1.44 per share on revenue of $1.28 billion, topping estimates of 1.29 per share on revenue of $1.24 billion. Since the release of its earnings report, Clean Harbors gained 3.33%.