There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Crocs (CROX – Research Report) and Revolve Group (RVLV – Research Report) with bullish sentiments.
In a report issued on February 13, Jonathan Komp from Robert W. Baird maintained a Buy rating on Crocs, with a price target of $155.00. The company’s shares closed last Tuesday at $122.43, close to its 52-week high of $131.18.
According to TipRanks.com, Komp is a 5-star analyst with an average return of 13.1% and a 53.8% success rate. Komp covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Wolverine World Wide, and Columbia Sportswear.
Crocs has an analyst consensus of Moderate Buy, with a price target consensus of $139.20.
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Revolve Group (RVLV)
Robert W. Baird analyst Mark Altschwager maintained a Buy rating on Revolve Group on February 13 and set a price target of $30.00. The company’s shares closed last Tuesday at $26.44, close to its 52-week low of $20.17.
According to TipRanks.com, Altschwager is a 4-star analyst with an average return of 5.2% and a 47.7% success rate. Altschwager covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Burlington Stores.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Revolve Group with a $29.60 average price target, which is a 13.1% upside from current levels. In a report issued on February 6, BTIG also initiated coverage with a Buy rating on the stock with a $35.00 price target.
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