There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Praxair (NYSE:PX) and Radware Ltd (NASDAQ:RDWR) with bullish sentiments.
Praxair (PX)
Jefferies analyst Laurence Alexander reiterated a Buy rating on Praxair on July 16 and set a price target of $194. The company’s shares closed yesterday at $166.86, close to its 52-week high of $168.54.
According to TipRanks.com, Alexander is a 5-star analyst with an average return of 13.8% and a 66.6% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Omnova Solutions Inc, Quaker Chemical Corp, and LyondellBasell.
Currently, the analyst consensus on Praxair is a Strong Buy with an average price target of $179.25.
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Radware Ltd (RDWR)
Jefferies analyst George Notter reiterated a Buy rating on Radware Ltd today and set a price target of $34.50. The company’s shares closed yesterday at $27.04, close to its 52-week high of $27.84.
According to TipRanks.com, Notter is a 4-star analyst with an average return of 10.3% and a 61.5% success rate. Notter covers the Consumer Goods sector, focusing on stocks such as Comtech Telecommunications, Motorola Solutions, and CommScope Holding.
Currently, the analyst consensus on Radware Ltd is a Strong Buy with an average price target of $27.50.
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