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Analysts Offer Insights on Consumer Goods Companies: CVS Health (CVS), Mohawk (MHK) and Urban Outfitters (URBN)

Analysts fell to the sidelines weighing in on CVS Health (CVSResearch Report), Mohawk (MHKResearch Report) and Urban Outfitters (URBNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

CVS Health (CVS)

In a report issued on February 9, Eric Coldwell from Robert W. Baird maintained a Hold rating on CVS Health, with a price target of $110.00. The company’s shares closed last Friday at $104.24, close to its 52-week high of $111.25.

According to TipRanks.com, Coldwell is a 5-star analyst with an average return of 12.4% and a 61.0% success rate. Coldwell covers the Healthcare sector, focusing on stocks such as Quest Diagnostics, AmerisourceBergen, and Cardinal Health.

Currently, the analyst consensus on CVS Health is a Strong Buy with an average price target of $117.79, which is an 11.7% upside from current levels. In a report issued on February 9, BMO Capital also maintained a Hold rating on the stock with a $120.00 price target.

See the top stocks recommended by analysts >>

Mohawk (MHK)

In a report issued on February 10, Timothy Wojs from Robert W. Baird maintained a Hold rating on Mohawk, with a price target of $200.00. The company’s shares closed last Friday at $144.17, close to its 52-week low of $143.25.

According to TipRanks.com, Wojs is a 3-star analyst with an average return of 1.1% and a 49.4% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Simpson Manufacturing Co, Lennox International, and Carlisle Companies.

The word on The Street in general, suggests a Hold analyst consensus rating for Mohawk with a $185.57 average price target, representing a 21.3% upside. In a report issued on February 11, Evercore ISI also maintained a Hold rating on the stock with a $195.00 price target.

Urban Outfitters (URBN)

Robert W. Baird analyst Mark Altschwager maintained a Hold rating on Urban Outfitters on February 10 and set a price target of $34.00. The company’s shares closed last Friday at $27.98, close to its 52-week low of $26.05.

According to TipRanks.com, Altschwager is a 5-star analyst with an average return of 15.4% and a 47.5% success rate. Altschwager covers the Consumer Goods sector, focusing on stocks such as Lulu’s Fashion Lounge Holdings, Allbirds Inc Class A, and Lululemon Athletica.

Currently, the analyst consensus on Urban Outfitters is a Moderate Buy with an average price target of $37.14, a 26.3% upside from current levels. In a report issued on February 1, Wells Fargo also maintained a Hold rating on the stock with a $34.00 price target.

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