Analysts Are Bullish on These Consumer Goods Stocks: MPWR, CMTL


There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Monolithic Power (NASDAQ: MPWR), Comtech Telecommunications (NASDAQ: CMTL) and REV Group Inc (Other OTC: REVG) with bullish sentiments.

Monolithic Power (NASDAQ: MPWR)

In a report released today, Tore Svanberg from Stifel Nicolaus maintained a Buy rating on Monolithic Power (NASDAQ: MPWR), with a price target of $147. The company’s shares closed yesterday at $133.37, close to its 52-week high of $137.80.

According to TipRanks.com, Svanberg is a top 100 analyst with an average return of 18.5% and a 77.0% success rate. Svanberg covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Quantenna Communications, and NXP Semiconductors.

Currently, the analyst consensus on Monolithic Power is Strong Buy and the average price target is $141.71, representing a 6.3% upside.

In a report issued on June 5, Deutsche Bank also maintained a Buy rating on the stock with a $140 price target.

See today’s analyst top recommended stocks >>

Comtech Telecommunications (NASDAQ: CMTL)

In a report released today, Tim Long from BMO Capital maintained a Buy rating on Comtech Telecommunications (NASDAQ: CMTL), with a price target of $37. The company’s shares closed yesterday at $32.44, close to its 52-week high of $34.61.

According to TipRanks.com, Long is a 5-star analyst with an average return of 20.9% and a 69.3% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Motorola Solutions, and BlackBerry Limited.

Currently, the analyst consensus on Comtech Telecommunications is Moderate Buy and the average price target is $34.33, representing a 5.8% upside.

In a report released yesterday, Noble Financial also maintained a Buy rating on the stock with a $38 price target.

REV Group Inc (Other OTC: REVG)

In a report released today, Michael Baudendistel from Stifel Nicolaus maintained a Buy rating on REV Group Inc (Other OTC: REVG), with a price target of $20. The company’s shares closed yesterday at $14.52, close to its 52-week low of $12.87.

According to TipRanks.com, Baudendistel is a 2-star analyst with an average return of 0.9% and a 56.6% success rate. Baudendistel covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, Trinity Industries, and Westinghouse Air.

REV Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of $27.

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