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Analysts Offer Insights on Consumer Goods Companies: Intel (INTC) and Apple (AAPL)


There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Intel (NASDAQ:INTC) and Apple (NASDAQ:AAPL) with bullish sentiments.

Intel (INTC)

In a report issued on September 12, Srini Pajjuri from Macquarie maintained a Buy rating on Intel, with a price target of $60. The company’s shares closed on Friday at $45.54.

According to TipRanks.com, Pajjuri is ranked #4570 out of 4877 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intel with a $55.29 average price target, representing a 21.4% upside. In a report issued on September 10, Wells Fargo also maintained a Buy rating on the stock with a $55 price target.

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Apple (AAPL)

In a report issued on September 13, Amit Daryanani from RBC Capital maintained a Buy rating on Apple, with a price target of $240. The company’s shares closed on Friday at $223.84, close to its 52-week high of $229.67.

According to TipRanks.com, Daryanani is a top 100 analyst with an average return of 24.2% and a 80.6% success rate. Daryanani covers the Consumer Goods sector, focusing on stocks such as Ichor Holdings Ltd, Texas Instruments, and Xperi Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $229.18 average price target, a 2.4% upside from current levels. In a report issued on August 31, Daiwa also initiated coverage with a Buy rating on the stock with a $249 price target.

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