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Analysts Offer Insights on Consumer Goods Companies: Nike (NKE) and RH (RH)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Nike (NKEResearch Report) and RH (RHResearch Report).

Nike (NKE)

Williams Trading analyst Sam Poser maintained a Hold rating on Nike yesterday and set a price target of $145.00. The company’s shares closed last Tuesday at $139.14.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 20.1% and a 50.1% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Canada Goose Holdings, and Wolverine World Wide.

Currently, the analyst consensus on Nike is a Strong Buy with an average price target of $167.17, implying a 21.3% upside from current levels. In a report issued on March 22, Citigroup also maintained a Hold rating on the stock with a $157.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

RH (RH)

Wells Fargo analyst Zachary Fadem maintained a Buy rating on RH today and set a price target of $500.00. The company’s shares closed last Tuesday at $385.69, close to its 52-week low of $320.81.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 19.4% and a 66.2% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings.

Currently, the analyst consensus on RH is a Strong Buy with an average price target of $648.25, representing a 67.4% upside. In a report issued on March 25, Telsey Advisory also maintained a Buy rating on the stock with a $510.00 price target.

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Read More on NKE:

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