Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Western Digital (WDC) and Micron (MU).
Western Digital (WDC)
Benchmark Co. analyst Mark Miller maintained a Sell rating on Western Digital today and set a price target of $46.00. The company’s shares closed last Monday at $61.80, close to its 52-week high of $65.31.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 20.0% and a 68.1% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and Universal Display.
Currently, the analyst consensus on Western Digital is a Moderate Buy with an average price target of $66.33.
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Micron (MU)
Needham analyst Rajvindra Gill maintained a Buy rating on Micron today and set a price target of $60.00. The company’s shares closed last Monday at $48.60, close to its 52-week high of $51.39.
According to TipRanks.com, Gill is a 5-star analyst with an average return of 12.6% and a 57.9% success rate. Gill covers the Consumer Goods sector, focusing on stocks such as Everspin Technologies Inc, Smart Global Holdings Inc, and Adesto Technologies Corp.
Micron has an analyst consensus of Moderate Buy, with a price target consensus of $58.53, implying a 18.5% upside from current levels. In a report issued on September 17, Cascend Securities also maintained a Buy rating on the stock with a $65.00 price target.
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