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Analysts Offer Insights on Consumer Goods Companies: e.l.f. Beauty (ELF), Celsius Holdings (CELH) and Colgate-Palmolive (CL)

Tipranks - Wed Feb 4, 8:50PM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on e.l.f. Beauty (ELFResearch Report), Celsius Holdings (CELHResearch Report) and Colgate-Palmolive (CLResearch Report) with bullish sentiments.

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e.l.f. Beauty (ELF)

Morgan Stanley analyst Dara Mohsenian maintained a Buy rating on e.l.f. Beauty yesterday and set a price target of $121.00. The company’s shares closed last Tuesday at $84.81, close to its 52-week low of $60.35.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.3% and a 62.5% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Colgate-Palmolive, and Monster Beverage. ;'>

Currently, the analyst consensus on e.l.f. Beauty is a Strong Buy with an average price target of $113.57, a 31.8% upside from current levels. In a report issued on January 23, Citi also initiated coverage with a Buy rating on the stock with a $110.00 price target.

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Celsius Holdings (CELH)

Morgan Stanley analyst Eric Serotta maintained a Buy rating on Celsius Holdings yesterday and set a price target of $64.00. The company’s shares closed last Tuesday at $50.36.

According to TipRanks.com, Serotta is a 1-star analyst with an average return of -2.9% and a 57.5% success rate. Serotta covers the Consumer Goods sector, focusing on stocks such as Vita Coco Company, Brown-Forman B, and Molson Coors. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Celsius Holdings with a $64.50 average price target, representing a 24.2% upside. In a report issued on January 19, TipRanks – OpenAI also upgraded the stock to Buy with a $60.00 price target.

Colgate-Palmolive (CL)

In a report issued on February 2, Nik Modi from RBC Capital maintained a Buy rating on Colgate-Palmolive, with a price target of $94.00. The company’s shares closed last Tuesday at $93.15.

According to TipRanks.com, Modi is ranked 0 out of 5 stars with an average return of -4.6% and a 41.2% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Edgewell Personal Care. ;'>

Colgate-Palmolive has an analyst consensus of Moderate Buy, with a price target consensus of $96.00, a 5.5% upside from current levels. In a report issued on January 31, TipRanks – xAI also upgraded the stock to Buy with a $102.00 price target.

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