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Wall Street Analysts Are Bullish on Top Consumer Goods Picks

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There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Dollar General (DGResearch Report) and Rent the Runway (RENTResearch Report) with bullish sentiments.

Dollar General (DG)

Jefferies analyst Corey Tarlowe reiterated a Buy rating on Dollar General yesterday and set a price target of $265.00. The company’s shares closed last Thursday at $221.94.

According to TipRanks.com, Tarlowe is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.9% and a 28.6% success rate. Tarlowe covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Abercrombie Fitch, and Burlington Stores.

Dollar General has an analyst consensus of Strong Buy, with a price target consensus of $250.15, representing a 13.6% upside. In a report released today, BMO Capital also maintained a Buy rating on the stock with a $265.00 price target.

See the top stocks recommended by analysts >>

Rent the Runway (RENT)

Rent the Runway received a Buy rating and a $13.00 price target from Jefferies analyst Ashley Helgans yesterday. The company’s shares closed last Thursday at $5.66, close to its 52-week low of $4.37.

According to TipRanks.com, Helgans is ranked #2389 out of 7913 analysts.

Rent the Runway has an analyst consensus of Strong Buy, with a price target consensus of $18.75.

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