Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Palo Alto Networks (NYSE:PANW), JM Smucker (NYSE:SJM) and Boeing (NYSE:BA).
Palo Alto Networks (PANW)
In a report issued on July 10, Brad Zelnick from Credit Suisse reiterated a Sell rating on Palo Alto Networks, with a price target of $175. The company’s shares opened today at $218.32, close to its 52-week high of $219.19.
According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 10.3% and a 68.1% success rate. Zelnick covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Cornerstone Ondemand, and Ultimate Software.
Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $228.
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JM Smucker (SJM)
In a report issued on July 10, Robert Moskow from Credit Suisse maintained a Sell rating on JM Smucker, with a price target of $95. The company’s shares opened today at $109.73.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.4% and a 50.8% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, TreeHouse Foods, and Pinnacle Foods.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JM Smucker with a $110.63 average price target.
Boeing (BA)
In a report released yesterday, Robert Spingarn from Credit Suisse maintained a Buy rating on Boeing, with a price target of $455. The company’s shares opened today at $346.03.
According to TipRanks.com, Spingarn is a 5-star analyst with an average return of 14.9% and a 71.2% success rate. Spingarn covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Transdigm Group Inc, and L3 Technologies Inc.
Boeing has an analyst consensus of Moderate Buy, with a price target consensus of $400.50, a 15.7% upside from current levels. In a report issued on June 28, Bernstein also reiterated a Buy rating on the stock with a $422 price target.
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