Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Maxlinear Inc (NYSE: MXL) and TLTeligent Inc (NYSE: TLGT).
Maxlinear Inc (NYSE: MXL)
In a report released today, Christopher Rolland from Susquehanna maintained a Buy rating on Maxlinear Inc (NYSE: MXL), with a price target of $28. The company’s shares opened today at $18.84, close to its 52-week low of $17.54.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 9.7% and a 64.7% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Power Integrations, and Maxim Integrated.
Currently, the analyst consensus on Maxlinear Inc is Strong Buy and the average price target is $27, representing a 43.3% upside.
In a report released today, Needham also assigned a Buy rating to the stock with a $27 price target.
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TLTeligent Inc (NYSE: TLGT)
Canaccord Genuity analyst Dewey Steadman maintained a Hold rating on TLTeligent Inc (NYSE: TLGT) today and set a price target of $3.50. The company’s shares opened today at $2.90, close to its 52-week low of $2.43.
According to TipRanks.com, Steadman ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -6.5% and a 34.9% success rate. Steadman covers the Healthcare sector, focusing on stocks such as ANI Pharmaceuticals Inc, Pacira Pharmaceuticals, and Cardiome Pharma Corp.
TLTeligent Inc has an analyst consensus of Moderate Buy, with a price target consensus of $4.75.
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