Analysts Offer Insights on Consumer Goods Companies: Resonant (NASDAQ: RESN), Microvision (NASDAQ: MVIS) and Plug Power (NASDAQ: PLUG)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Resonant (NASDAQ: RESN), Microvision (NASDAQ: MVIS) and Plug Power (NASDAQ: PLUG) with bullish sentiments.

Resonant (NASDAQ: RESN)

In a report released today, Ilya Grozovsky from National Securities Corp maintained a Buy rating on Resonant (NASDAQ: RESN), with a price target of $8. The company’s shares closed yesterday at $4.20.

According to TipRanks.com, Grozovsky is a 4-star analyst with an average return of 8.7% and a 54.8% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Mitek Systems Inc, Datawatch Corp, and Digimarc Corp.

Currently, the analyst consensus on Resonant is Strong Buy and the average price target is $7.40, representing a 76.2% upside.

In a report released today, Drexel Hamilton also reiterated a Buy rating on the stock with a $8 price target.

See today’s analyst top recommended stocks >>

Microvision (NASDAQ: MVIS)

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Microvision (NASDAQ: MVIS) today and set a price target of $3.50. The company’s shares closed yesterday at $1.51.

According to TipRanks.com, Dede is ranked #4659 out of 4793 analysts.

Microvision has an analyst consensus of Moderate Buy, with a price target consensus of $3.50.

Plug Power (NASDAQ: PLUG)

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Plug Power (NASDAQ: PLUG) today and set a price target of $4. The company’s shares closed yesterday at $2.

According to TipRanks.com, Dayal is a 1-star analyst with an average return of -0.7% and a 39.5% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Superconductor Technologies Inc, Pacific Ethanol, and BioAmber.

Plug Power has an analyst consensus of Strong Buy, with a price target consensus of $4.50.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.