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Analysts Offer Insights on Consumer Goods Companies: Bed Bath & Beyond (BBBY), Coca-Cola (KO) and Tesla (TSLA)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Bed Bath & Beyond (BBBYResearch Report), Coca-Cola (KOResearch Report) and Tesla (TSLAResearch Report).

Bed Bath & Beyond (BBBY)

J.P. Morgan analyst Christopher Horvers maintained a Hold rating on Bed Bath & Beyond on April 20 and set a price target of $14.00. The company’s shares closed last Thursday at $16.34, close to its 52-week low of $12.39.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 11.2% and a 67.4% success rate. Horvers covers the Consumer Goods sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Container Store Group.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Bed Bath & Beyond with a $12.22 average price target, a -25.3% downside from current levels. In a report issued on April 14, Telsey Advisory also maintained a Hold rating on the stock with a $15.00 price target.

See the top stocks recommended by analysts >>

Coca-Cola (KO)

In a report released yesterday, Kaumil Gajrawala from Credit Suisse maintained a Buy rating on Coca-Cola, with a price target of $66.00. The company’s shares closed last Thursday at $66.21, close to its 52-week high of $67.00.

According to TipRanks.com, Gajrawala is a 1-star analyst with an average return of -0.6% and a 55.8% success rate. Gajrawala covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, Constellation Brands, and Colgate-Palmolive.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola with a $67.71 average price target, implying a 2.6% upside from current levels. In a report issued on April 13, Barclays also maintained a Buy rating on the stock with a $73.00 price target.

Tesla (TSLA)

In a report released yesterday, Toni Sacconaghi from Bernstein maintained a Sell rating on Tesla, with a price target of $450.00. The company’s shares closed last Thursday at $1008.78.

According to TipRanks.com, Sacconaghi is ranked #922 out of 7935 analysts.

Tesla has an analyst consensus of Moderate Buy, with a price target consensus of $1060.89, which is a -1.3% downside from current levels. In a report issued on April 18, GLJ Research also maintained a Sell rating on the stock with a $67.00 price target.

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