There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Tyson Foods (TSN) and Advanced Energy Industries (AEIS) with bullish sentiments.
Tyson Foods (TSN)
Merrill Lynch analyst Peter Galbo maintained a Buy rating on Tyson Foods today and set a price target of $98.00. The company’s shares closed last Monday at $88.88, close to its 52-week high of $94.07.
According to TipRanks.com, Galbo is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -23.1% and a 20.0% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Pilgrim’s Pride, Sanderson Farms, and Hormel Foods.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tyson Foods with a $97.75 average price target, which is a 16.9% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a $98.00 price target.
See today’s analyst top recommended stocks >>
Advanced Energy Industries (AEIS)
D.A. Davidson analyst Thomas Diffely maintained a Buy rating on Advanced Energy Industries today and set a price target of $80.00. The company’s shares closed last Monday at $65.60.
According to TipRanks.com, Diffely is a 5-star analyst with an average return of 16.8% and a 66.8% success rate. Diffely covers the Consumer Goods sector, focusing on stocks such as Lumentum Holdings, MKS Instruments, and Cadence Design.
Advanced Energy Industries has an analyst consensus of Strong Buy, with a price target consensus of $79.33, which is a 12.1% upside from current levels. In a report released yesterday, Susquehanna also reiterated a Buy rating on the stock with a $80.00 price target.
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