Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Redbubble Ltd. (OtherRDBBF), Poshmark (POSH) and Warby Parker (WRBY)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Redbubble Ltd. (RDBBF – Research Report), Poshmark (POSH – Research Report) and Warby Parker (WRBY – Research Report).

Redbubble Ltd. (RDBBF)

In a report released today, Timothy Piper from UBS maintained a Buy rating on Redbubble Ltd., with a price target of A$1.60. The company’s shares closed last Tuesday at $1.01, close to its 52-week low of $0.53.

According to TipRanks.com, Piper is ranked 0 out of 5 stars with an average return of -33.2% and a 9.1% success rate. Piper covers the Consumer Goods sector, focusing on stocks such as Temple & Webster Group Ltd, G.U.D. Holdings, and Kogan.com Ltd.

Redbubble Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $0.97.

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Poshmark (POSH)

In a report released yesterday, Scott Devitt from Stifel Nicolaus maintained a Hold rating on Poshmark, with a price target of $14.00. The company’s shares closed last Tuesday at $13.42.

According to TipRanks.com, Devitt is a 5-star analyst with an average return of 9.9% and a 46.1% success rate. Devitt covers the Technology sector, focusing on stocks such as Alphabet Class A, Clear Secure, and Coursera.

The word on The Street in general, suggests a Hold analyst consensus rating for Poshmark with a $14.57 average price target, representing a 5.7% upside. In a report issued on August 11, JMP Securities also maintained a Hold rating on the stock.

Warby Parker (WRBY)

Stifel Nicolaus analyst Jim Duffy maintained a Hold rating on Warby Parker yesterday and set a price target of $15.00. The company’s shares closed last Tuesday at $17.92, close to its 52-week low of $10.86.

According to TipRanks.com, Duffy is a 5-star analyst with an average return of 9.3% and a 56.6% success rate. Duffy covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Wolverine World Wide, and Lululemon Athletica.

Currently, the analyst consensus on Warby Parker is a Moderate Buy with an average price target of $18.29, a 9.2% upside from current levels. In a report issued on August 11, Evercore ISI also maintained a Hold rating on the stock with a $16.00 price target.

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