Analysts Offer Insights on Consumer Goods Companies: Roku (NASDAQ: ROKU) and Primo Water (NASDAQ: PRMW)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Roku (ROKUResearch Report) and Primo Water (PRMWResearch Report) with bullish sentiments.

Roku (ROKU)

Needham analyst Laura Martin maintained a Buy rating on Roku today and set a price target of $200.00. The company’s shares closed last Monday at $136.07.

According to TipRanks.com, Martin is a top 100 analyst with an average return of 20.3% and a 64.4% success rate. Martin covers the Services sector, focusing on stocks such as World Wrestling, Walt Disney, and Discovery.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roku with a $143.67 average price target, a -1.5% downside from current levels. In a report issued on November 22, Macquarie also maintained a Buy rating on the stock with a $170.00 price target.

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Primo Water (PRMW)

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Primo Water, with a price target of $16.00. The company’s shares closed last Monday at $10.28, close to its 52-week low of $9.54.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 10.0% and a 53.7% success rate. Grondahl covers the Financial sector, focusing on stocks such as Altisource Portfolio Solutions SA, Health Insurance Innovations, and Piper Jaffray Companies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Primo Water with a $15.80 average price target.

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