Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on DuPont de Nemours (DD) and Tesla (TSLA).
DuPont de Nemours (DD)
In a report released today, Steve Byrne from Merrill Lynch reiterated a Buy rating on DuPont de Nemours, with a price target of $79.00. The company’s shares closed last Monday at $60.56, close to its 52-week low of $59.31.
According to TipRanks.com, Byrne is ranked #4483 out of 5858 analysts.
DuPont de Nemours has an analyst consensus of Moderate Buy, with a price target consensus of $75.60, implying a 24.4% upside from current levels. In a report issued on January 14, BMO Capital also maintained a Buy rating on the stock with a $82.00 price target.
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Tesla (TSLA)
Tesla received a Hold rating and a $555.00 price target from BNP Paribas analyst Stuart Pearson today. The company’s shares closed last Monday at $571.76, close to its 52-week high of $594.50.
According to TipRanks.com, Pearson is a 1-star analyst with an average return of -10.0% and a 54.5% success rate. Pearson covers the Consumer Goods sector, focusing on stocks such as Fiat Chrysler Automobiles, Daimler, and Peugeot.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Tesla with a $395.90 average price target, implying a -29.8% downside from current levels. In a report issued on January 9, Robert W. Baird also downgraded the stock to Hold with a $525.00 price target.
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