There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Veru Inc (VERU) and Cisco (CSCO) with bullish sentiments.
Veru Inc (VERU)
In a report released yesterday, Kumaraguru Raja from Brookline Capital Markets maintained a Buy rating on Veru Inc, with a price target of $10. The company’s shares closed yesterday at $1.58.
According to TipRanks.com, Raja is a 4-star analyst with an average return of 9.5% and a 54.7% success rate. Raja covers the Healthcare sector, focusing on stocks such as Acer Therapeutics Inc, Heat Biologics, and Progenics.
Veru Inc has an analyst consensus of Moderate Buy, with a price target consensus of $4.75, which is a 200.6% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $4.50 price target.
See today’s analyst top recommended stocks >>
Cisco (CSCO)
Robert W. Baird analyst Jonathan Ruykhaver maintained a Buy rating on Cisco today and set a price target of $57. The company’s shares closed yesterday at $52.44.
According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 24.0% and a 75.2% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, Carbon Black Inc, and Varonis Systems.
Cisco has an analyst consensus of Strong Buy, with a price target consensus of $59.86, representing a 14.1% upside. In a report issued on May 10, Raymond James also maintained a Buy rating on the stock with a $60 price target.
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