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Analysts Offer Insights on Consumer Goods Companies: Tesla (TSLA) and Central Garden Pet (CENT)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Tesla (TSLAResearch Report) and Central Garden Pet (CENTResearch Report) with bullish sentiments.

Tesla (TSLA)

Morgan Stanley analyst Adam Jonas maintained a Buy rating on Tesla today and set a price target of $383.33. The company’s shares closed last Thursday at $293.93.

According to TipRanks.com, Jonas is a 4-star analyst with an average return of 8.0% and a 51.2% success rate. Jonas covers the Consumer Goods sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Rivian Automotive.

Currently, the analyst consensus on Tesla is a Moderate Buy with an average price target of $314.58, representing a 4.0% upside. In a report issued on August 18, CFRA also maintained a Buy rating on the stock with a $414.96 price target.

See today’s best-performing stocks on TipRanks >>

Central Garden Pet (CENT)

Central Garden Pet received a Buy rating and a $50.00 price target from CJS Securities analyst Stefanos Crist today. The company’s shares closed last Thursday at $43.40.

According to TipRanks.com, Crist is ranked #6562 out of 8018 analysts.

Currently, the analyst consensus on Central Garden Pet is a Moderate Buy with an average price target of $51.67.

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