There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Motorola Solutions (MSI) and Ashland Inc (ASH) with bullish sentiments.
Motorola Solutions (MSI)
Credit Suisse analyst Sami Badri maintained a Buy rating on Motorola Solutions yesterday and set a price target of $137. The company’s shares closed yesterday at $110.76.
According to TipRanks.com, Badri is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -15.4% and a 20.0% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Ubiquiti Networks, CommScope Holding, and Juniper Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Motorola Solutions with a $137.88 average price target.
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Ashland Inc (ASH)
In a report released yesterday, Chris Parkinson from Credit Suisse maintained a Buy rating on Ashland Inc, with a price target of $90. The company’s shares closed yesterday at $69.30.
According to TipRanks.com, Parkinson is a 1-star analyst with an average return of -1.3% and a 48.6% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Sherwin-Williams Company, and Axalta Coating Systems.
Ashland Inc has an analyst consensus of Strong Buy, with a price target consensus of $94.50, implying a 36.4% upside from current levels. In a report issued on December 27, J.P. Morgan also upgraded the stock to Buy with a $86 price target.
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