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Analysts Are Neutral on These Consumer Goods Stocks: General Motors (GM), Etsy (ETSY)

Analysts fell to the sidelines weighing in on General Motors (GMResearch Report) and Etsy (ETSYResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

General Motors (GM)

In a report issued on July 27, Emmanuel Rosner from Deutsche Bank downgraded General Motors to Hold, with a price target of $36.00. The company’s shares closed last Thursday at $35.74, close to its 52-week low of $30.33.

According to TipRanks.com, Rosner is a 3-star analyst with an average return of 0.9% and a 38.7% success rate. Rosner covers the Industrial Goods sector, focusing on stocks such as Luminar Technologies, American Axle, and QuantumScape.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $51.80 average price target, representing a 48.0% upside. In a report issued on July 14, Morgan Stanley also maintained a Hold rating on the stock with a $42.00 price target.

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

Etsy (ETSY)

Deutsche Bank analyst Lee Horowitz reiterated a Hold rating on Etsy yesterday and set a price target of $90.00. The company’s shares closed last Thursday at $104.92, close to its 52-week low of $67.01.

According to TipRanks.com, Horowitz is a 5-star analyst with an average return of 67.7% and a 50.0% success rate. Horowitz covers the Services sector, focusing on stocks such as Booking Holdings, Expedia, and Airbnb.

Etsy has an analyst consensus of Moderate Buy, with a price target consensus of $115.50, a 14.7% upside from current levels. In a report issued on July 20, KeyBanc also initiated coverage with a Hold rating on the stock.

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Read More on GM:

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