Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Calamp (NASDAQ:CAMP) and Apple (NASDAQ:AAPL).
Calamp (CAMP)
In a report released today, Michael Walkley from Canaccord Genuity maintained a Buy rating on Calamp, with a price target of $31. The company’s shares closed yesterday at $22.28.
According to TipRanks.com, Walkley is a 5-star analyst with an average return of 16.2% and a 63.1% success rate. Walkley covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Adesto Technologies Corp, and Digi International Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Calamp with a $30 average price target, which is a 34.6% upside from current levels. In a report issued on September 24, B.Riley FBR also assigned a Buy rating to the stock with a $28 price target.
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Apple (AAPL)
In a report released today, Jeff Kvaal from Nomura maintained a Hold rating on Apple, with a price target of $215. The company’s shares closed yesterday at $224.95, close to its 52-week high of $229.67.
Kvaal has an average return of 28.8% when recommending Apple.
According to TipRanks.com, Kvaal is ranked #763 out of 4878 analysts.
Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $237.76, a 5.7% upside from current levels. In a report issued on September 13, Maxim Group also reiterated a Hold rating on the stock with a $221 price target.
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