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Analysts Offer Insights on Consumer Goods Companies: Tesla (TSLA) and RealReal (REAL)

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

Tesla (TSLA)

Robert W. Baird analyst Ben Kallo reiterated a Buy rating on Tesla yesterday and set a price target of $252.00. The company’s shares closed last Thursday at $160.27.

Kallo has an average return of 24.4% when recommending Tesla.

According to TipRanks.com, Kallo is ranked #652 out of 8298 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tesla with a $186.00 average price target, implying a 16.3% upside from current levels. In a report issued on January 13, CFRA also maintained a Buy rating on the stock with a $210.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

RealReal (REAL)

Robert W. Baird analyst Mark Altschwager maintained a Buy rating on RealReal on January 25 and set a price target of $3.75. The company’s shares closed last Thursday at $1.59, close to its 52-week low of $1.04.

According to TipRanks.com, Altschwager is a 4-star analyst with an average return of 6.0% and a 48.0% success rate. Altschwager covers the Consumer Goods sector, focusing on stocks such as Lulu’s Fashion Lounge Holdings, Lululemon Athletica, and Bath & Body Works.

RealReal has an analyst consensus of Moderate Buy, with a price target consensus of $3.69, a 141.2% upside from current levels. In a report issued on January 25, Needham also maintained a Buy rating on the stock with a $6.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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