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Analysts Offer Insights on Consumer Goods Companies: Lowe’s (LOW) and Under Armour (UAA)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Lowe’s (LOWResearch Report) and Under Armour (UAAResearch Report) with bullish sentiments.

Lowe’s (LOW)

In a report issued on May 18, Peter Benedict from Robert W. Baird reiterated a Buy rating on Lowe’s, with a price target of $260.00. The company’s shares closed last Thursday at $187.86, close to its 52-week low of $179.76.

According to TipRanks.com, Benedict is a 5-star analyst with an average return of 16.9% and a 66.9% success rate. Benedict covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Bj’s Wholesale Club Holdings, and Williams-Sonoma.

Currently, the analyst consensus on Lowe’s is a Strong Buy with an average price target of $240.13, representing a 31.4% upside. In a report issued on May 6, Gordon Haskett Capital Corporation also maintained a Buy rating on the stock with a $225.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Under Armour (UAA)

Robert W. Baird analyst Jonathan Komp maintained a Buy rating on Under Armour on May 18 and set a price target of $15.00. The company’s shares closed last Thursday at $9.28.

According to TipRanks.com, Komp is a 5-star analyst with an average return of 14.1% and a 50.5% success rate. Komp covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Duluth Holdings.

Under Armour has an analyst consensus of Moderate Buy, with a price target consensus of $16.72, implying a 67.9% upside from current levels. In a report issued on May 9, Cowen & Co. also maintained a Buy rating on the stock with a $17.00 price target.

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