Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Celsius Holdings (CELH) and Best Buy Co (BBY).
Celsius Holdings (CELH)
In a report released today, Anthony Vendetti from Maxim Group reiterated a Buy rating on Celsius Holdings, with a price target of $12.00. The company’s shares closed last Wednesday at $6.00.
According to TipRanks.com, Vendetti is a 3-star analyst with an average return of 1.5% and a 45.5% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Milestone Scientific, Ra Medical Systems, and Sensus Healthcare.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Celsius Holdings with a $10.31 average price target, representing a 62.4% upside. In a report issued on April 30, Roth Capital also initiated coverage with a Buy rating on the stock with a $10.00 price target.
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Best Buy Co (BBY)
Wells Fargo analyst Zachary Fadem maintained a Hold rating on Best Buy Co today. The company’s shares closed last Wednesday at $75.03.
According to TipRanks.com, Fadem is a 5-star analyst with an average return of 13.9% and a 65.2% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Floor & Decor Holdings, and Advance Auto Parts.
Best Buy Co has an analyst consensus of Moderate Buy, with a price target consensus of $79.36, which is a 3.9% upside from current levels. In a report issued on May 8, RBC Capital also maintained a Hold rating on the stock with a $82.00 price target.
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