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There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Ingevity (NYSE: NGVT) and Arista Networks (NYSE: ANET) with bullish sentiments.
Ingevity (NYSE: NGVT)
KeyBanc analyst Michael Sison maintained a Buy rating on Ingevity (NYSE: NGVT) today and set a price target of $90. The company’s shares opened today at $78.36, close to its 52-week high of $82.67.
According to TipRanks.com, Sison is a 5-star analyst with an average return of 14.3% and a 60.6% success rate. Sison covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Sensient Technologies Corp, and GCP Applied Technologies.
Currently, the analyst consensus on Ingevity is Strong Buy and the average price target is $89.33, representing a 14.0% upside.
In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $90 price target.
Find more picks by Best Performing Analysts >>
Arista Networks (NYSE: ANET)
KeyBanc analyst Alex Kurtz maintained a Buy rating on Arista Networks (NYSE: ANET) today and set a price target of $305. The company’s shares opened today at $243.90.
Kurtz has an average return of 65.7% when recommending Arista Networks.
According to TipRanks.com, Kurtz is ranked #250 out of 4773 analysts.
Currently, the analyst consensus on Arista Networks is Moderate Buy and the average price target is $287.44, representing a 17.9% upside.
In a report released yesterday, Oppenheimer also assigned a Buy rating to the stock with a $330 price target.
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