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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: The Hershey Company (HSY) and e.l.f. Beauty (ELF)

Tipranks - Fri Feb 6, 4:02PM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on The Hershey Company (HSYResearch Report) and e.l.f. Beauty (ELFResearch Report).

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The Hershey Company (HSY)

Jefferies analyst Scott Marks CFA reiterated a Hold rating on The Hershey Company today and set a price target of $220.00. The company’s shares closed last Thursday at $224.38.

According to TipRanks.com, CFA has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.9% and a 27.0% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

The Hershey Company has an analyst consensus of Hold, with a price target consensus of $202.57, which is a -7.4% downside from current levels. In a report issued on January 26, Bernstein also maintained a Hold rating on the stock with a $192.00 price target.

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e.l.f. Beauty (ELF)

In a report released today, Bonnie Herzog from Goldman Sachs reiterated a Buy rating on e.l.f. Beauty, with a price target of $135.00. The company’s shares closed last Thursday at $76.86, close to its 52-week low of $60.35.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 5.1% and a 56.0% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Constellation Brands, and Vita Coco Company. ;'>

e.l.f. Beauty has an analyst consensus of Strong Buy, with a price target consensus of $113.64, implying a 23.5% 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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