Analysts Offer Insights on Consumer Goods Companies: Clorox (CLX) and TuSimple Holdings (TSP)

Analysts fell to the sidelines weighing in on Clorox (CLX – Research Report) and TuSimple Holdings (TSP – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Clorox (CLX)

RBC Capital analyst Nik Modi maintained a Hold rating on Clorox on August 2 and set a price target of $150.00. The company’s shares closed last Wednesday at $144.57.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 9.2% and a 65.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Spectrum Brands Holdings.

Currently, the analyst consensus on Clorox is a Moderate Sell with an average price target of $134.29, a -6.4% downside from current levels. In a report issued on July 25, Deutsche Bank also maintained a Hold rating on the stock with a $135.00 price target.

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TuSimple Holdings (TSP)

RBC Capital analyst Joseph Spak maintained a Hold rating on TuSimple Holdings on August 2 and set a price target of $7.00. The company’s shares closed last Wednesday at $9.71, close to its 52-week low of $5.99.

According to TipRanks.com, Spak ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -12.2% and a 45.5% success rate. Spak covers the Industrial Goods sector, focusing on stocks such as Magna International, Tenneco Automotive, and American Axle.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TuSimple Holdings with a $20.35 average price target, representing a 122.9% upside. In a report issued on August 2, Cowen & Co. also reiterated a Hold rating on the stock with a $10.00 price target.

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