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Analysts Offer Insights on Consumer Goods Companies: e.l.f. Beauty (ELF) and Tyson Foods (TSN)

Tipranks - Tipranks - 1 hour ago

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on e.l.f. Beauty (ELF) and Tyson Foods (TSN) with bullish sentiments.

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e.l.f. Beauty (ELF)

Citi analyst Filippo Falorni maintained a Buy rating on e.l.f. Beauty today and set a price target of $87.00. The company’s shares closed last Wednesday at $62.28, close to its 52-week low of $60.35.

According to TipRanks.com, Falorni is a 2-star analyst with an average return of 0.7% and a 55.6% success rate. Falorni covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Colgate-Palmolive. ;'>

e.l.f. Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $74.33, representing an 11.7% upside. In a report issued on June 15, Jefferies also maintained a Buy rating on the stock with a $72.00 price target.

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Tyson Foods (TSN)

In a report released today, Michael Lavery from Piper Sandler reiterated a Buy rating on Tyson Foods, with a price target of $78.00. The company’s shares closed last Wednesday at $56.20.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 3.9% and a 47.9% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company. ;'>

Currently, the analyst consensus on Tyson Foods is a Moderate Buy with an average price target of $72.10, representing a 27.0% upside. In a report issued on June 9, Barclays also assigned a Buy rating to the stock with a $78.00 price target.

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