There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Maxlinear Inc (NYSE: MXL) and Callaway Golf (NYSE: ELY) with bullish sentiments.
Maxlinear Inc (NYSE: MXL)
In a report released today, Anil Doradla from William Blair maintained a Buy rating on Maxlinear Inc (NYSE: MXL). The company’s shares closed on Friday at $18.66, close to its 52-week low of $17.54.
Doradla has an average return of 78.1% when recommending Maxlinear Inc.
According to TipRanks.com, Doradla is ranked #515 out of 4817 analysts.
Maxlinear Inc has an analyst consensus of Strong Buy, with a price target consensus of $25.33.
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Callaway Golf (NYSE: ELY)
In a report released today, Brett Andress from KeyBanc maintained a Buy rating on Callaway Golf (NYSE: ELY), with a price target of $23. The company’s shares closed on Friday at $19.15, close to its 52-week high of $19.49.
According to TipRanks.com, Andress is a 4-star analyst with an average return of 11.8% and a 80.6% success rate. Andress covers the Consumer Goods sector, focusing on stocks such as Acushnet Holdings, Malibu Boats, and Mattel Inc.
Currently, the analyst consensus on Callaway Golf is Strong Buy and the average price target is $20.50, representing a 7.0% upside.
In a report issued on May 30, B.Riley FBR also maintained a Buy rating on the stock with a $21 price target.
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