Analysts Offer Insights on Consumer Goods Companies: Lamb Weston Holdings (NYSE: LW) and Qualcomm Inc (NASDAQ: QCOM)

By Carrie Williams

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Lamb Weston Holdings (NYSE: LW) and Qualcomm Inc (NASDAQ: QCOM).

Lamb Weston Holdings (NYSE: LW)

Stifel Nicolaus analyst Christopher Growe reiterated a Hold rating on Lamb Weston Holdings (NYSE: LW) yesterday and set a price target of $44. The company’s shares closed yesterday at $45.56, close to its 52-week high of $47.99.

According to TipRanks.com, Growe is a 5-star analyst with an average return of 10.4% and a 71.4% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Constellation Brands Inc, and Mondelez International.

Lamb Weston Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $48.50.

Qualcomm Inc (NASDAQ: QCOM)

Northland Securities analyst Tom Sepenzis reiterated a Buy rating on Qualcomm Inc (NASDAQ: QCOM) yesterday and set a price target of $75. The company’s shares closed yesterday at $56.91.

According to TipRanks.com, Sepenzis is a 4-star analyst with an average return of 18.6% and a 50.0% success rate. Sepenzis covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Advanced Micro Devices, and O2Micro International.

Currently, the analyst consensus on Qualcomm Inc is Moderate Buy and the average price target is $62.18, representing a 9.3% upside.

In a report issued on June 15, Susquehanna also reiterated a Buy rating on the stock with a $67 price target.

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