Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Teledyne Technologies Inc (TDY) and Tesla (TSLA).
Teledyne Technologies Inc (TDY)
In a report released today, James Ricchiuti from Needham maintained a Buy rating on Teledyne Technologies Inc, with a price target of $248. The company’s shares opened today at $228.25.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 14.0% and a 62.8% success rate. Ricchiuti covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Electronics for Imaging, and Faro Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teledyne Technologies Inc with a $229 average price target.
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Tesla (TSLA)
UBS analyst Colin Langan maintained a Sell rating on Tesla today and set a price target of $220. The company’s shares opened today at $275.43.
According to TipRanks.com, Langan is a 4-star analyst with an average return of 8.9% and a 60.4% success rate. Langan covers the Consumer Goods sector, focusing on stocks such as Delphi Technologies PLC, General Motors, and Dana Holding.
Currently, the analyst consensus on Tesla is a Hold with an average price target of $312.57, implying a 13.5% upside from current levels. In a report issued on March 1, Guggenheim also downgraded the stock to Sell.
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