Analysts Are Neutral on These Consumer Goods Stocks: Fortinet (FTNT), Fox Factory Holding (FOXF)


Analysts fell to the sidelines weighing in on Fortinet (NASDAQ:FTNT), Fox Factory Holding (NASDAQ:FOXF) and KEYW Holding (NASDAQ:KEYW) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Fortinet (FTNT)

Stifel Nicolaus analyst Gur Talpaz maintained a Hold rating on Fortinet today and set a price target of $72. The company’s shares closed yesterday at $64.60, close to its 52-week high of $68.83.

According to TipRanks.com, Talpaz is a 4-star analyst with an average return of 17.1% and a 61.6% success rate. Talpaz covers the Technology sector, focusing on stocks such as SecureWorks Corp, Varonis Systems, and Proofpoint Inc.

Currently, the analyst consensus on Fortinet is a Moderate Buy with an average price target of $65.25, which is a 1.0% upside from current levels. In a report released today, Evercore ISI also maintained a Hold rating on the stock with a $53 price target.

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Fox Factory Holding (FOXF)

Stifel Nicolaus analyst Jim Duffy maintained a Hold rating on Fox Factory Holding today and set a price target of $55. The company’s shares closed yesterday at $49.50.

According to TipRanks.com, Duffy is a 4-star analyst with an average return of 7.6% and a 63.4% success rate. Duffy covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Gildan Activewear, and Deckers Outdoor.

Fox Factory Holding has an analyst consensus of Moderate Buy, with a price target consensus of $57.33, a 15.8% upside from current levels. In a report issued on July 24, Robert W. Baird also maintained a Hold rating on the stock with a $52 price target.

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KEYW Holding (KEYW)

Stifel Nicolaus analyst Joseph DeNardi maintained a Hold rating on KEYW Holding today and set a price target of $8. The company’s shares closed yesterday at $7.24.

According to TipRanks.com, DeNardi is a 5-star analyst with an average return of 16.2% and a 76.7% success rate. DeNardi covers the Services sector, focusing on stocks such as Allegiant Travel Company, Hawaiian Holdings, and American Airlines.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KEYW Holding with a $9.25 average price target, representing a 27.9% upside. In a report released today, Drexel Hamilton also maintained a Hold rating on the stock.

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