There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Ducommun Inc (DCO) and Formfactor (FORM) with bullish sentiments.
Ducommun Inc (DCO)
In a report released today, Mike Crawford from B.Riley FBR maintained a Buy rating on Ducommun Inc, with a price target of $57.00. The company’s shares closed last Monday at $40.72.
According to TipRanks.com, Crawford is a 4-star analyst with an average return of 4.5% and a 51.2% success rate. Crawford covers the Consumer Goods sector, focusing on stocks such as TTM Technologies, Finjan Holdings, and Kratos Defense.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ducommun Inc with a $53.50 average price target.
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Formfactor (FORM)
In a report released today, Craig Ellis from B.Riley FBR reiterated a Buy rating on Formfactor, with a price target of $25.00. The company’s shares closed last Monday at $19.62, close to its 52-week high of $20.73.
According to TipRanks.com, Ellis is a 4-star analyst with an average return of 4.6% and a 54.4% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Applied Materials Inc, Axcelis Technologies, and Rudolph Technologies.
Currently, the analyst consensus on Formfactor is a Moderate Buy with an average price target of $20.20.
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