Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Target (TGT – Research Report) and Ideanomics (IDEX – Research Report).
Target (TGT)
Oppenheimer analyst Rupesh Parikh initiated coverage with a Buy rating on Target on January 26. The company’s shares closed last Friday at $168.51.
According to TipRanks.com, Parikh is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Target with a $175.84 average price target, a 4.7% upside from current levels. In a report issued on January 12, DBS also maintained a Buy rating on the stock with a $195.00 price target.
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Ideanomics (IDEX)
In a report issued on January 26, Andres Sheppard from Cantor Fitzgerald maintained a Hold rating on Ideanomics, with a price target of $1.00. The company’s shares closed last Friday at $0.21, close to its 52-week low of $0.14.
According to TipRanks.com, Sheppard is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Ideanomics with a $1.00 average price target.
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