Analysts Conflicted on These Consumer Goods Names: Sequential Brands (SQBG) and Maxlinear Inc (MXL)


Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Sequential Brands (NASDAQ:SQBG) and Maxlinear Inc (NYSE:MXL).

Sequential Brands (SQBG)

In a report released yesterday, Dave King from Roth Capital reiterated a Hold rating on Sequential Brands, with a price target of $2.25. The company’s shares closed yesterday at $2.15.

According to TipRanks.com, King ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.7% and a 38.8% success rate. King covers the Consumer Goods sector, focusing on stocks such as Differential Brands Group, Clarus Corporation, and Acushnet Holdings.

Currently, the analyst consensus on Sequential Brands is a Hold with an average price target of $2.25.

See today’s analyst top recommended stocks >>

Maxlinear Inc (MXL)

In a report released yesterday, Christopher Rolland from Susquehanna reiterated a Buy rating on Maxlinear Inc, with a price target of $21. The company’s shares closed yesterday at $17.67.

According to TipRanks.com, Rolland is a 5-star analyst with an average return of 10.2% and a 67.1% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Integrated Device Tech, and Power Integrations.

Maxlinear Inc has an analyst consensus of Moderate Buy, with a price target consensus of $19.25, implying an 8.9% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $20 price target.

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