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Analysts Offer Insights on Consumer Goods Companies: Conagra Brands (CAG), Tesla (TSLA) and The Lovesac Company (LOVE)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Conagra Brands (CAGResearch Report), Tesla (TSLAResearch Report) and The Lovesac Company (LOVEResearch Report).

Conagra Brands (CAG)

Deutsche Bank analyst Stephen Powers maintained a Hold rating on Conagra Brands on March 27 and set a price target of $35.00. The company’s shares closed last Monday at $32.83.

According to TipRanks.com, Powers is a 4-star analyst with an average return of 5.5% and a 62.7% success rate. Powers covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International.

Currently, the analyst consensus on Conagra Brands is a Moderate Buy with an average price target of $37.50.

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Tesla (TSLA)

In a report released yesterday, Emmanuel Rosner from Deutsche Bank reiterated a Buy rating on Tesla, with a price target of $1200.00. The company’s shares closed last Monday at $1091.84.

According to TipRanks.com, Rosner is a 4-star analyst with an average return of 6.5% and a 39.0% success rate. Rosner covers the Industrial Goods sector, focusing on stocks such as Luminar Technologies, Tenneco Automotive, and American Axle.

Currently, the analyst consensus on Tesla is a Moderate Buy with an average price target of $1053.50, a -1.1% downside from current levels. In a report issued on March 21, Wedbush also maintained a Buy rating on the stock with a $1400.00 price target.

The Lovesac Company (LOVE)

BTIG analyst Camilo Lyon reiterated a Buy rating on The Lovesac Company yesterday and set a price target of $113.00. The company’s shares closed last Monday at $47.17.

According to TipRanks.com, Lyon has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.5% and a 38.0% success rate. Lyon covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and Columbia Sportswear.

Currently, the analyst consensus on The Lovesac Company is a Moderate Buy with an average price target of $109.00, implying a 143.0% upside from current levels. In a report issued on March 22, Stifel Nicolaus also reiterated a Buy rating on the stock with a $105.00 price target.

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