Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Purple Innovation (PRPL – Research Report) and Inter Parfums (IPAR – Research Report).
Purple Innovation (PRPL)
In a report released today, Jeremy Hamblin from Craig-Hallum maintained a Hold rating on Purple Innovation. The company’s shares closed last Tuesday at $0.82, close to its 52-week low of $0.55.
According to TipRanks.com, Hamblin is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Purple Innovation with a $2.42 average price target.
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Inter Parfums (IPAR)
BWS Financial analyst Hamed Khorsand maintained a Buy rating on Inter Parfums today and set a price target of $172.00. The company’s shares closed last Tuesday at $139.69.
According to TipRanks.com, Khorsand is a 4-star analyst with an average return of
Inter Parfums has an analyst consensus of Strong Buy, with a price target consensus of $174.00, which is a 24.6% upside from current levels. In a report released today, Piper Sandler also reiterated a Buy rating on the stock with a $176.00 price target.
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