Analysts Are Bullish on Top Consumer Goods Stocks: Teledyne Technologies Inc (TDY), Nike (NKE)


There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Teledyne Technologies Inc (NYSE:TDY), Nike (NYSE:NKE) and Control4 Corp (NASDAQ:CTRL) with bullish sentiments.

Teledyne Technologies Inc (TDY)

Needham analyst James Ricchiuti maintained a Buy rating on Teledyne Technologies Inc today and set a price target of $240. The company’s shares opened today at $226.36, close to its 52-week high of $230.98.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 14.3% and a 62.4% success rate. Ricchiuti covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Electro Scientific, and Faro Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Teledyne Technologies Inc with a $222 average price target.

See today’s analyst top recommended stocks >>

Nike (NKE)

In a report released today, Laurent Vasilescu from Macquarie maintained a Buy rating on Nike, with a price target of $87. The company’s shares opened today at $79.51, close to its 52-week high of $81.

Vasilescu has an average return of 11.6% when recommending Nike.

According to TipRanks.com, Vasilescu is ranked #2004 out of 4846 analysts.

Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $82.57, a 3.8% upside from current levels. In a report issued on August 1, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $88 price target.

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Control4 Corp (CTRL)

Imperial Capital analyst Saliq Khan maintained a Buy rating on Control4 Corp today and set a price target of $32. The company’s shares opened today at $33.12.

According to TipRanks.com, Khan is ranked #4091 out of 4846 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Control4 Corp with a $33.25 average price target, representing a 0.4% upside. In a report issued on August 3, Maxim Group also maintained a Buy rating on the stock with a $36 price target.

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