Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Inphi (IPHI), Quantum (QMCO) and Steven Madden (SHOO).
Inphi (IPHI)
In a report released today, Dave Kang from B.Riley FBR maintained a Hold rating on Inphi, with a price target of $74.00. The company’s shares closed last Monday at $81.61, close to its 52-week high of $85.04.
According to TipRanks.com, Kang is a top 100 analyst with an average return of 23.5% and a 67.1% success rate. Kang covers the Consumer Goods sector, focusing on stocks such as Applied Optoelectronics, DASAN Zhone Solutions, and Acacia Communications.
Currently, the analyst consensus on Inphi is a Moderate Buy with an average price target of $84.45.
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Quantum (QMCO)
In a report released yesterday, Craig Ellis from B.Riley FBR reiterated a Buy rating on Quantum, with a price target of $9.25. The company’s shares closed last Monday at $6.60, close to its 52-week low of $6.50.
According to TipRanks.com, Ellis is a 4-star analyst with an average return of 6.0% and a 54.8% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, Skyworks Solutions, and Applied Materials.
Currently, the analyst consensus on Quantum is a Moderate Buy with an average price target of $8.63.
Steven Madden (SHOO)
B.Riley FBR analyst Susan Anderson maintained a Buy rating on Steven Madden today and set a price target of $44.00. The company’s shares closed last Monday at $38.28.
According to TipRanks.com, Anderson is a 1-star analyst with an average return of -0.8% and a 43.4% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Turning Point Brands, G-III Apparel Group, and Lululemon Athletica.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Steven Madden with a $45.67 average price target.
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