Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on HP (HPQ), Kratos Defense (KTOS) and Palo Alto Networks (PANW).
HP (HPQ)
In a report released today, Jeriel Ong from Deutsche Bank maintained a Hold rating on HP, with a price target of $24.00. The company’s shares closed last Monday at $23.79, close to its 52-week high of $23.99.
According to TipRanks.com, Ong is a 1-star analyst with an average return of -8.2% and a 0.0% success rate. Ong covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies, and Apple.
Currently, the analyst consensus on HP is a Hold with an average price target of $24.00, which is a 4.4% upside from current levels. In a report issued on February 10, Wells Fargo also maintained a Hold rating on the stock with a $22.00 price target.
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Kratos Defense (KTOS)
J.P. Morgan analyst Seth Seifman maintained a Buy rating on Kratos Defense today and set a price target of $20.00. The company’s shares closed last Monday at $16.03, close to its 52-week low of $14.48.
According to TipRanks.com, Seifman is a 5-star analyst with an average return of 14.8% and a 76.1% success rate. Seifman covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies, Huntington Ingalls, and Spirit AeroSystems.
Currently, the analyst consensus on Kratos Defense is a Strong Buy with an average price target of $23.00, which is a 31.7% upside from current levels. In a report issued on February 17, Canaccord Genuity also maintained a Buy rating on the stock with a $25.00 price target.
Palo Alto Networks (PANW)
Northland Securities analyst Robert Breza maintained a Hold rating on Palo Alto Networks today and set a price target of $245.00. The company’s shares closed last Monday at $199.91, close to its 52-week low of $192.17.
According to TipRanks.com, Breza is a 5-star analyst with an average return of 13.9% and a 62.2% success rate. Breza covers the Technology sector, focusing on stocks such as Coupa Software, Salesforce, and MobileIron.
Palo Alto Networks has an analyst consensus of Moderate Buy, with a price target consensus of $245.33, which is a 21.5% upside from current levels. In a report released today, J.P. Morgan also downgraded the stock to Hold with a $236.00 price target.
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