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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Aterian (ATER) and Allbirds (BIRD)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Aterian (ATERResearch Report) and Allbirds (BIRDResearch Report).

Aterian (ATER)

In a report released yesterday, Marvin Fong from BTIG maintained a Buy rating on Aterian, with a price target of $2.75. The company’s shares closed last Thursday at $1.04, close to its 52-week low of $0.67.

According to TipRanks.com, Fong is ranked 0 out of 5 stars with an average return of -11.5% and a 31.4% success rate. Fong covers the Consumer Goods sector, focusing on stocks such as Mercadolibre, Farfetch, and RealReal.

Currently, the analyst consensus on Aterian is a Moderate Buy with an average price target of $2.88.

See today’s best-performing stocks on TipRanks >>

Allbirds (BIRD)

BTIG analyst Janie Stichter reiterated a Hold rating on Allbirds today. The company’s shares closed last Thursday at $2.36, close to its 52-week low of $2.14.

According to TipRanks.com, Stichter is a 3-star analyst with an average return of 2.1% and a 35.5% success rate. Stichter covers the Consumer Goods sector, focusing on stocks such as Lulu’s Fashion Lounge Holdings, Duluth Holdings, and Deckers Outdoor.

The word on The Street in general, suggests a Hold analyst consensus rating for Allbirds with a $3.32 average price target, which is a 29.7% upside from current levels. In a report issued on March 6, Wedbush also downgraded the stock to Hold with a $3.00 price target.

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