January 18, 2023

Analysts Are Bullish on These Consumer Goods Stocks: Walmart (WMT), Waldencast Acquisition (WALD)

Posted By: ndeeney

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Walmart (WMT – Research Report) and Waldencast Acquisition (WALD – Research Report) with bullish sentiments.

Walmart (WMT)

Jefferies analyst Corey Tarlowe maintained a Buy rating on Walmart yesterday and set a price target of $175.00. The company’s shares closed last Tuesday at $144.41.

According to TipRanks.com, Tarlowe is a 4-star analyst with an average return of 5.5% and a 60.2% success rate. Tarlowe covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Abercrombie Fitch, and Urban Outfitters.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $162.25 average price target, an 11.7% upside from current levels. In a report issued on January 6, UBS also maintained a Buy rating on the stock with a $168.00 price target.

See the top stocks recommended by analysts >>

Waldencast Acquisition (WALD)

Jefferies analyst Ashley Helgans maintained a Buy rating on Waldencast Acquisition yesterday and set a price target of $11.50. The company’s shares closed last Tuesday at $9.01.

According to TipRanks.com, Helgans is a 4-star analyst with an average return of 14.1% and a 65.9% success rate. Helgans covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Natura & Co Holding, and Bath & Body Works.

Waldencast Acquisition has an analyst consensus of Moderate Buy, with a price target consensus of $13.50.

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Read More on WMT:

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