Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Designer Brands (DBI – Research Report) and Chewy (CHWY – Research Report).
Designer Brands (DBI)
Deutsche Bank analyst Gabriella Carbone maintained a Hold rating on Designer Brands yesterday and set a price target of $22.00. The company’s shares closed last Thursday at $15.35.
According to TipRanks.com, Carbone is ranked 0 out of 5 stars with an average return of
Designer Brands has an analyst consensus of Hold, with a price target consensus of $18.50.
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Chewy (CHWY)
In a report released yesterday, Lee Horowitz from Deutsche Bank reiterated a Buy rating on Chewy, with a price target of $35.00. The company’s shares closed last Thursday at $29.18, close to its 52-week low of $22.22.
According to TipRanks.com, Horowitz is a 5-star analyst with an average return of
Chewy has an analyst consensus of Moderate Buy, with a price target consensus of $49.88, an 84.1% upside from current levels. In a report issued on May 27, Wolfe Research also maintained a Buy rating on the stock with a $32.00 price target.
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