Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Applied Materials (AMAT), CF Industries (CF) and Cisco Systems (CSCO).
Applied Materials (AMAT)
In a report released today, Timothy Arcuri from UBS maintained a Sell rating on Applied Materials, with a price target of $51.00. The company’s shares closed last Monday at $65.37, close to its 52-week high of $65.68.
According to TipRanks.com, Arcuri is a top 100 analyst with an average return of 27.1% and a 70.3% success rate. Arcuri covers the Consumer Goods sector, focusing on stocks such as Texas Instruments, Lam Research, and Kla-Tencor.
Currently, the analyst consensus on Applied Materials is a Strong Buy with an average price target of $74.11.
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CF Industries (CF)
In a report released today, John Roberts from UBS maintained a Buy rating on CF Industries, with a price target of $55.00. The company’s shares closed last Monday at $41.31, close to its 52-week low of $38.90.
According to TipRanks.com, Roberts is a 3-star analyst with an average return of 1.2% and a 62.8% success rate. Roberts covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Venator Materials.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CF Industries with a $48.00 average price target.
Cisco Systems (CSCO)
Raymond James analyst Simon Leopold maintained a Buy rating on Cisco Systems today and set a price target of $54.00. The company’s shares closed last Monday at $49.93.
According to TipRanks.com, Leopold is a 5-star analyst with an average return of 7.3% and a 59.1% success rate. Leopold covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Lumentum Holdings, and Juniper Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cisco Systems with a $52.33 average price target, which is a 5.9% upside from current levels. In a report issued on January 31, Oppenheimer also reiterated a Buy rating on the stock with a $55.00 price target.
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