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Analysts Offer Insights on Consumer Goods Companies: Turtle Beach (HEAR) and Celsius Holdings (CELH)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Turtle Beach (HEARResearch Report) and Celsius Holdings (CELHResearch Report) with bullish sentiments.

Turtle Beach (HEAR)

In a report released yesterday, Jack Vander Aarde from Maxim Group reiterated a Buy rating on Turtle Beach, with a price target of $17.00. The company’s shares closed last Wednesday at $9.78, close to its 52-week low of $9.15.

According to TipRanks.com, Aarde is a 5-star analyst with an average return of 37.6% and a 40.5% success rate. Aarde covers the Technology sector, focusing on stocks such as WiSA Technologies, Inc., BIO-key International, and Super League Gaming.

Currently, the analyst consensus on Turtle Beach is a Moderate Buy with an average price target of $15.25, implying a 58.2% upside from current levels. In a report issued on August 4, Wedbush also maintained a Buy rating on the stock with a $22.00 price target.

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

Celsius Holdings (CELH)

Maxim Group analyst Anthony Vendetti reiterated a Buy rating on Celsius Holdings yesterday and set a price target of $130.00. The company’s shares closed last Wednesday at $102.61, close to its 52-week high of $110.22.

According to TipRanks.com, Vendetti is a 3-star analyst with an average return of 2.9% and a 36.4% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Guardion Health Sciences, Applied DNA Sciences, and Dermata Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Celsius Holdings with a $114.80 average price target, implying a 18.7% upside from current levels. In a report issued on August 2, B.Riley Financial also maintained a Buy rating on the stock with a $112.00 price target.

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