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Analysts Offer Insights on Consumer Goods Companies: Foot Locker (FL), Stellantis (STLA) and ACV Auctions (ACVA)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Foot Locker (FLResearch Report), Stellantis (STLAResearch Report) and ACV Auctions (ACVAResearch Report).

Foot Locker (FL)

J.P. Morgan analyst Matthew Boss downgraded Foot Locker to Sell yesterday and set a price target of $40.00. The company’s shares closed last Friday at $35.74.

According to TipRanks.com, Boss is a 3-star analyst with an average return of 0.6% and a 48.3% success rate. Boss covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Brilliant Earth Group, and Lululemon Athletica.

The word on The Street in general, suggests a Hold analyst consensus rating for Foot Locker with a $37.44 average price target.

See the top stocks recommended by analysts >>

Stellantis (STLA)

Jefferies analyst Philippe Houchois maintained a Buy rating on Stellantis today and set a price target of EUR18.00. The company’s shares closed last Friday at $13.09, close to its 52-week low of $11.37.

According to TipRanks.com, Houchois is a 5-star analyst with an average return of 24.5% and a 54.9% success rate. Houchois covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and General Motors.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stellantis with a $22.27 average price target, which is a 65.3% upside from current levels. In a report issued on August 22, J.P. Morgan also maintained a Buy rating on the stock with a EUR21.00 price target.

ACV Auctions (ACVA)

Barrington analyst Gary Prestopino maintained a Buy rating on ACV Auctions on September 2 and set a price target of $18.00. The company’s shares closed last Friday at $8.40, close to its 52-week low of $6.10.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 33.7% and a 56.9% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, PowerFleet, and Cars.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACV Auctions with a $12.50 average price target.

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