Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Immersion Corp (NASDAQ:IMMR) and Arista Networks (NYSE:ANET).
Immersion Corp (IMMR)
Craig-Hallum analyst Anthony Stoss maintained a Hold rating on Immersion Corp today and set a price target of $14. The company’s shares opened today at $10.78.
According to TipRanks.com, Stoss is a 5-star analyst with an average return of 18.3% and a 69.1% success rate. Stoss covers the Consumer Goods sector, focusing on stocks such as Trimble Navigation Limited, Integrated Device Tech, and Stmicroelectronics NV.
Currently, the analyst consensus on Immersion Corp is a Moderate Buy with an average price target of $16.
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Arista Networks (ANET)
In a report released today, Mark Kelleher from D.A. Davidson maintained a Buy rating on Arista Networks, with a price target of $312. The company’s shares opened today at $257.54.
According to TipRanks.com, Kelleher is a 3-star analyst with an average return of 5.7% and a 51.4% success rate. Kelleher covers the Consumer Goods sector, focusing on stocks such as Applied Optoelectronics, Acacia Communications, and Lumentum Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arista Networks with a $282.94 average price target, a 9.9% upside from current levels. In a report released yesterday, RBC Capital also reiterated a Buy rating on the stock with a $290 price target.
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