Analysts Have Conflicting Sentiments on These Consumer Goods Companies: 3D Systems (NYSE: DDD) and Lam Research (NASDAQ: LRCX)

By Carrie Williams

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on 3D Systems (NYSE: DDD) and Lam Research (NASDAQ: LRCX).

3D Systems (NYSE: DDD)

Susquehanna analyst David Ryzhik reiterated a Hold rating on 3D Systems (NYSE: DDD) on March 5 and set a price target of $10. The company’s shares closed yesterday at $12.42.

According to TipRanks.com, Ryzhik is a 1-star analyst with an average return of -28.4% and a 0.0% success rate. Ryzhik covers the Consumer Goods sector, focusing on stocks such as Applied Materials, Seagate Tech, and Stratasys.

3D Systems has an analyst consensus of Moderate Sell, with a price target consensus of $10.25.

Lam Research (NASDAQ: LRCX)

In a report released yesterday, Mehdi Hosseini from Susquehanna reiterated a Buy rating on Lam Research (NASDAQ: LRCX), with a price target of $290. The company’s shares closed yesterday at $207.94, close to its 52-week high of $219.70.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 16.7% and a 61.7% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Super Micro Computer.

Currently, the analyst consensus on Lam Research is Strong Buy and the average price target is $254.91, representing a 22.6% upside.

In a report issued on March 2, B.Riley FBR also maintained a Buy rating on the stock.

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