Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Cypress Semicon (CY) and ViaSat (VSAT).
Cypress Semicon (CY)
Barclays analyst Blayne Curtis maintained a Hold rating on Cypress Semicon on June 3 and set a price target of $23. The company’s shares opened today at $22.15, close to its 52-week high of $22.43.
According to TipRanks.com, Curtis is a 4-star analyst with an average return of 7.3% and a 53.7% success rate. Curtis covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Smart Global Holdings Inc, and Quantenna Communications.
Currently, the analyst consensus on Cypress Semicon is a Hold with an average price target of $22.50, which is a 1.6% upside from current levels. In a report issued on May 30, Morgan Stanley also upgraded the stock to Hold with a $15.50 price target.
See today’s analyst top recommended stocks >>
ViaSat (VSAT)
In a report released today, Mathieu Robilliard from Barclays maintained a Sell rating on ViaSat, with a price target of $76. The company’s shares opened today at $90.29.
According to TipRanks.com, Robilliard is a 4-star analyst with an average return of 5.7% and a 64.4% success rate. Robilliard covers the Technology sector, focusing on stocks such as Millicom International Cellular SA, Iridium Communications, and Telefonica Brasil.
Currently, the analyst consensus on ViaSat is a Moderate Buy with an average price target of $109.
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