There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Pointer Telocation Ltd (NASDAQ:PNTR) and Lightpath Technologies (NASDAQ:LPTH) with bullish sentiments.
Pointer Telocation Ltd (PNTR)
Roth Capital analyst William Gibson reiterated a Buy rating on Pointer Telocation Ltd yesterday and set a price target of $17.20. The company’s shares opened today at $11.75, close to its 52-week low of $10.25.
According to TipRanks.com, Gibson ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -12.3% and a 33.0% success rate. Gibson covers the Consumer Goods sector, focusing on stocks such as Xplore Technologies, Energous, and Identiv.
Pointer Telocation Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $22.25, an 89.4% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $24.50 price target.
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Lightpath Technologies (LPTH)
In a report released yesterday, Matt Koranda from Roth Capital reiterated a Buy rating on Lightpath Technologies, with a price target of $2.60. The company’s shares opened today at $2.04, close to its 52-week low of $1.97.
According to TipRanks.com, Koranda is a 2-star analyst with an average return of 0.5% and a 43.1% success rate. Koranda covers the Industrial Goods sector, focusing on stocks such as Cooper-Standard Holdings, Pioneer Power Solutions, and Columbus Mckinnon Corp.
Lightpath Technologies has an analyst consensus of Hold.
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