Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Infinera (INFN) and Intel (INTC).
Infinera (INFN)
In a report released today, Tim Savageaux from Northland Securities maintained a Buy rating on Infinera, with a price target of $7. The company’s shares closed yesterday at $4.42, close to its 52-week low of $3.54.
According to TipRanks.com, Savageaux is a 4-star analyst with an average return of 5.5% and a 53.2% success rate. Savageaux covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, DASAN Zhone Solutions Inc, and Applied Optoelectronics.
Infinera has an analyst consensus of Moderate Buy, with a price target consensus of $6.57.
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Intel (INTC)
Northland Securities analyst Gus Richard maintained a Sell rating on Intel today and set a price target of $38. The company’s shares closed yesterday at $49.24.
According to TipRanks.com, Richard is a top 100 analyst with an average return of 25.8% and a 70.3% success rate. Richard covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, Axcelis Technologies, and Power Integrations.
Intel has an analyst consensus of Hold, with a price target consensus of $52.83, representing a 7.3% upside. In a report issued on April 26, Jefferies also maintained a Sell rating on the stock with a $40 price target.
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