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Analysts Are Bullish on Top Consumer Goods Stocks: The Estée Lauder Companies (EL), Revolve Group (RVLV)

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There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on The Estée Lauder Companies (ELResearch Report) and Revolve Group (RVLVResearch Report) with bullish sentiments.

The Estée Lauder Companies (EL)

In a report issued on May 4, Mark Astrachan from Stifel Nicolaus maintained a Buy rating on The Estée Lauder Companies, with a price target of $315.00. The company’s shares closed last Friday at $240.30, close to its 52-week low of $227.49.

According to TipRanks.com, Astrachan is a 5-star analyst with an average return of 11.8% and a 63.7% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, Colgate-Palmolive, and Celsius Holdings.

Currently, the analyst consensus on The Estée Lauder Companies is a Strong Buy with an average price target of $308.32, a 28.7% upside from current levels. In a report issued on May 5, Barclays also maintained a Buy rating on the stock with a $306.00 price target.

See the top stocks recommended by analysts >>

Revolve Group (RVLV)

In a report issued on May 4, Jim Duffy from Stifel Nicolaus maintained a Buy rating on Revolve Group, with a price target of $53.00. The company’s shares closed last Friday at $33.06, close to its 52-week low of $30.74.

According to TipRanks.com, Duffy is a 4-star analyst with an average return of 9.1% and a 55.8% success rate. Duffy covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Fox Factory Holding, and Lululemon Athletica.

Currently, the analyst consensus on Revolve Group is a Strong Buy with an average price target of $59.00, representing a 77.5% upside. In a report issued on May 4, Cowen & Co. also maintained a Buy rating on the stock with a $52.00 price target.

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