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Analysts Offer Insights on Consumer Goods Companies: Costco (COST), Mohawk (MHK) and Tesla (TSLA)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Costco (COSTResearch Report), Mohawk (MHKResearch Report) and Tesla (TSLAResearch Report).

Costco (COST)

In a report issued on March 4, Christopher Horvers from J.P. Morgan maintained a Buy rating on Costco, with a price target of $575.00. The company’s shares closed last Monday at $528.52, close to its 52-week high of $571.49.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 9.5% and a 64.9% success rate. Horvers covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Academy Sports and Outdoors, and Container Store Group.

Costco has an analyst consensus of Moderate Buy, with a price target consensus of $577.90, implying a 10.4% upside from current levels. In a report issued on March 4, BMO Capital also maintained a Buy rating on the stock with a $580.00 price target.

See the top stocks recommended by analysts >>

Mohawk (MHK)

In a report issued on March 4, Michael Rehaut from J.P. Morgan maintained a Buy rating on Mohawk, with a price target of $206.00. The company’s shares closed last Monday at $123.76, close to its 52-week low of $123.13.

According to TipRanks.com, Rehaut is a 3-star analyst with an average return of 2.8% and a 53.9% success rate. Rehaut covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Century Communities, and M.D.C. Holdings.

Mohawk has an analyst consensus of Hold, with a price target consensus of $177.10.

Tesla (TSLA)

In a report released yesterday, Patrick Hummel from UBS maintained a Hold rating on Tesla, with a price target of $1000.00. The company’s shares closed last Monday at $804.58.

According to TipRanks.com, Hummel is a 4-star analyst with an average return of 10.8% and a 48.4% success rate. Hummel covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and Stellantis.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tesla with a $1068.40 average price target, implying a 24.8% upside from current levels. In a report issued on February 25, Daiwa also maintained a Hold rating on the stock with a $863.00 price target.

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