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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: e.l.f. Beauty (ELF) and Kraft Heinz (KHC)

Tipranks - Sat Feb 21, 9:56AM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on e.l.f. Beauty (ELFResearch Report) and Kraft Heinz (KHCResearch Report).

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e.l.f. Beauty (ELF)

In a report released today, Sydney Wagner from Jefferies maintained a Buy rating on e.l.f. Beauty, with a price target of $115.00. The company’s shares closed last Friday at $93.24.

According to TipRanks.com, Wagner is a 2-star analyst with an average return of 0.8% and a 66.7% success rate. Wagner covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Beauty Health, and Inter Parfums. ;'>

Currently, the analyst consensus on e.l.f. Beauty is a Strong Buy with an average price target of $112.57, a 24.4% 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.

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Kraft Heinz (KHC)

Evercore ISI analyst David Palmer maintained a Hold rating on Kraft Heinz today and set a price target of $22.00. The company’s shares closed last Friday at $24.20.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 4.9% and a 60.2% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and BellRing Brands. ;'>

Currently, the analyst consensus on Kraft Heinz is a Moderate Sell with an average price target of $23.69, a -1.7% downside from current levels. In a report issued on February 12, TD Cowen also maintained a Hold rating on the stock with a $24.00 price target.

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