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Analysts Are Neutral on Top Consumer Goods Stocks: PepsiCo (PEP), Honest Company (HNST)

Tipranks - Fri Feb 20, 8:20AM CST

Analysts fell to the sidelines weighing in on PepsiCo (PEPResearch Report) and Honest Company (HNSTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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PepsiCo (PEP)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Hold rating on PepsiCo, with a price target of $165.00. The company’s shares closed last Wednesday at $164.39.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 4.1% and a 56.8% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PepsiCo with a $172.73 average price target, which is a 6.8% upside from current levels. In a report issued on February 4, TipRanks – OpenAI also downgraded the stock to Hold with a $177.00 price target.

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Honest Company (HNST)

Telsey Advisory analyst Joe Feldman maintained a Hold rating on Honest Company today and set a price target of $3.00. The company’s shares closed last Wednesday at $2.17.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 8.3% and a 53.5% success rate. Feldman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Dick’s Sporting Goods, and CAVA Group, Inc. ;'>

Honest Company has an analyst consensus of Hold, with a price target consensus of $4.50.

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