Analysts Offer Insights on Consumer Goods Companies: Fortive Corp (NYSE: FTV) and Gentherm (NASDAQ: THRM)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Fortive Corp (NYSE: FTV) and Gentherm (NASDAQ: THRM) with bullish sentiments.

Fortive Corp (NYSE: FTV)

Credit Suisse analyst Julian Mitchell upgraded Fortive Corp (NYSE: FTV) to Buy today. The company’s shares closed yesterday at $53.67.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 9.2% and a 74.8% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., Emerson Electric Company, and Rockwell Automation Inc.

Fortive Corp has an analyst consensus of Moderate Buy.

Gentherm (NASDAQ: THRM)

In a report released today, Gary Prestopino from Barrington upgraded Gentherm (NASDAQ: THRM) to Buy, with a price target of $43. The company’s shares closed yesterday at $33.15.

According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 11.5% and a 70.0% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, U.S. Auto Parts Network, and Global Payments Inc.

Gentherm has an analyst consensus of Moderate Buy, with a price target consensus of $38.