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Analysts Offer Insights on Consumer Goods Companies: Conagra Brands (CAG) and Dick’s Sporting Goods (DKS)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Conagra Brands (CAGResearch Report) and Dick’s Sporting Goods (DKSResearch Report).

Conagra Brands (CAG)

In a report issued on April 1, Nik Modi from RBC Capital maintained a Hold rating on Conagra Brands, with a price target of $35.00. The company’s shares closed last Monday at $34.12.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 12.0% and a 66.7% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Spectrum Brands Holdings.

Currently, the analyst consensus on Conagra Brands is a Moderate Buy with an average price target of $37.17, implying a 9.5% upside from current levels. In a report issued on March 30, UBS also initiated coverage with a Hold rating on the stock with a $34.00 price target.

See the top stocks recommended by analysts >>

Dick’s Sporting Goods (DKS)

In a report issued on April 1, Adrienne Yih from Barclays maintained a Buy rating on Dick’s Sporting Goods, with a price target of $134.00. The company’s shares closed last Monday at $102.63.

According to TipRanks.com, Yih is a 4-star analyst with an average return of 4.4% and a 47.4% success rate. Yih covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Canada Goose Holdings, and Lululemon Athletica.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dick’s Sporting Goods with a $143.63 average price target, which is a 41.9% upside from current levels. In a report issued on March 22, Evercore ISI also maintained a Buy rating on the stock with a $180.00 price target.

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