Skip to main content

Analysts Offer Insights on Consumer Goods Companies: Walmart (WMT) and e.l.f. Beauty (ELF)

Tipranks - Fri Feb 20, 11:32PM CST

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

President's Day Sale - 70% Off

Walmart (WMT)

TD Cowen analyst Oliver Chen maintained a Buy rating on Walmart today and set a price target of $145.00. The company’s shares closed last Thursday at $124.87.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 4.8% and a 50.0% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Levi Strauss & Co, and Ermenegildo Zegna. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $134.39 average price target, representing a 4.6% upside. In a report issued on February 5, Citi also maintained a Buy rating on the stock with a $147.00 price target.

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

e.l.f. Beauty (ELF)

William Blair analyst Jon Andersen maintained a Buy rating on e.l.f. Beauty today. The company’s shares closed last Thursday at $91.13.

According to TipRanks.com, Andersen is a 2-star analyst with an average return of 0.7% and a 54.3% success rate. Andersen covers the Consumer Goods sector, focusing on stocks such as J & J Snack Foods, Simply Good Foods, and Vita Coco Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for e.l.f. Beauty with a $112.21 average price target, implying a 28.8% 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.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.