Analysts Offer Insights on Consumer Goods Companies: Lam Research (NASDAQ: LRCX) and OSI Systems (NASDAQ: OSIS)

By Ryan Adsit

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Lam Research (LRCXResearch Report) and OSI Systems (OSISResearch Report) with bullish sentiments.

Lam Research (LRCX)

In a report released today, Craig Ellis from B.Riley FBR maintained a Buy rating on Lam Research, with a price target of $280.00. The company’s shares closed last Monday at $233.70, close to its 52-week high of $244.98.

According to TipRanks.com, Ellis is a 5-star analyst with an average return of 5.9% and a 56.6% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Applied Materials Inc, Axcelis Technologies, and Rudolph Technologies.

Lam Research has an analyst consensus of Moderate Buy, with a price target consensus of $240.50.

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OSI Systems (OSIS)

In a report released today, Josh Nichols from B.Riley FBR reiterated a Buy rating on OSI Systems, with a price target of $119.00. The company’s shares closed last Monday at $98.35.

According to TipRanks.com, Nichols is a 4-star analyst with an average return of 10.6% and a 38.3% success rate. Nichols covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, PowerFleet Inc, and Horizon Global.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OSI Systems with a $119.00 average price target.

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