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Analysts Offer Insights on Consumer Goods Companies: e.l.f. Beauty (ELF) and Mondelez International (MDLZ)

Tipranks - Tue Feb 10, 12:18AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on e.l.f. Beauty (ELFResearch Report) and Mondelez International (MDLZResearch Report) with bullish sentiments.

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e.l.f. Beauty (ELF)

TD Cowen analyst Oliver Chen maintained a Buy rating on e.l.f. Beauty today and set a price target of $100.00. The company’s shares closed last Friday at $82.09, close to its 52-week low of $60.35.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 5.1% and a 51.2% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Levi Strauss & Co, and Ermenegildo Zegna. ;'>

e.l.f. Beauty has an analyst consensus of Strong Buy, with a price target consensus of $112.21, a 45.5% upside from current levels. In a report issued on February 5, TipRanks – OpenAI also upgraded the stock to Buy with a $94.00 price target.

See today’s best-performing stocks on TipRanks >>

Mondelez International (MDLZ)

In a report issued on February 4, Zheng Feng Chee from DBS maintained a Buy rating on Mondelez International, with a price target of $70.00. The company’s shares closed last Friday at $60.02.

According to TipRanks.com, Chee is a 1-star analyst with an average return of -0.8% and a 53.1% success rate. Chee covers the Consumer Goods sector, focusing on stocks such as Thai Beverage Public Co, Kirin Holdings Company, and Ajinomoto Co. ;'>

Mondelez International has an analyst consensus of Strong Buy, with a price target consensus of $66.80, representing an 11.4% upside. In a report issued on January 31, TipRanks – OpenAI also upgraded the stock to Buy with a $63.00 price target.

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