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Analysts Are Bullish on These Consumer Goods Stocks: Best Buy Co (BBY), Builders Firstsource (BLDR)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Best Buy Co (BBYResearch Report), Builders Firstsource (BLDRResearch Report) and Jakks Pacific (JAKKResearch Report) with bullish sentiments.

Best Buy Co (BBY)

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Best Buy Co today and set a price target of $82.00. The company’s shares closed last Wednesday at $74.49, close to its 52-week low of $64.29.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 9.3% and a 51.9% success rate. Feldman covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Grocery Outlet Holding, and Dick’s Sporting Goods.

Currently, the analyst consensus on Best Buy Co is a Hold with an average price target of $81.82.

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

Builders Firstsource (BLDR)

Stephens analyst Trey Grooms maintained a Buy rating on Builders Firstsource today and set a price target of $75.00. The company’s shares closed last Wednesday at $65.24.

According to TipRanks.com, Grooms is a 4-star analyst with an average return of 9.3% and a 47.7% success rate. Grooms covers the Industrial Goods sector, focusing on stocks such as Installed Building Products, Masonite International, and Beacon Roofing Supply.

Builders Firstsource has an analyst consensus of Strong Buy, with a price target consensus of $84.70, a 30.8% upside from current levels. In a report issued on July 14, Barclays also maintained a Buy rating on the stock with a $86.00 price target.

Jakks Pacific (JAKK)

In a report released today, Gerrick Johnson from BMO Capital maintained a Buy rating on Jakks Pacific, with a price target of $28.00. The company’s shares closed last Wednesday at $17.08, close to its 52-week high of $17.49.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.8% and a 45.0% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Camping World Holdings, Winnebago Industries, and Harley-Davidson.

Jakks Pacific has an analyst consensus of Moderate Buy, with a price target consensus of $20.33.

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