There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on GoodYear Tire (GT), NeoPhotonics (NPTN) and Iteris (ITI) with bullish sentiments.
GoodYear Tire (GT)
In a report released today, David Coleman from Argus Research maintained a Buy rating on GoodYear Tire, with a price target of $26. The company’s shares opened today at $21.60, close to its 52-week low of $19.25.
According to TipRanks.com, Coleman is ranked #467 out of 4900 analysts.
Currently, the analyst consensus on GoodYear Tire is a Moderate Buy with an average price target of $25.20.
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NeoPhotonics (NPTN)
B.Riley FBR analyst Dave Kang maintained a Buy rating on NeoPhotonics today and set a price target of $11. The company’s shares opened today at $9.15, close to its 52-week high of $9.48.
According to TipRanks.com, Kang is a 5-star analyst with an average return of 18.4% and a 63.4% success rate. Kang covers the Consumer Goods sector, focusing on stocks such as Applied Optoelectronics, Acacia Communications, and Lumentum Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NeoPhotonics with a $10.17 average price target.
Iteris (ITI)
In a report released today, Jeff Van Sinderen from B.Riley FBR maintained a Buy rating on Iteris, with a price target of $7.50. The company’s shares opened today at $4.50.
According to TipRanks.com, Sinderen is a 1-star analyst with an average return of -0.8% and a 42.8% success rate. Sinderen covers the Services sector, focusing on stocks such as Tuesday Morning, Tilly’s Inc, and Kirkland’s.
Currently, the analyst consensus on Iteris is a Moderate Buy with an average price target of $7.50.
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