Analysts’ Top Consumer Goods Picks: Mohawk Industries (MHK), Arista Networks (ANET)

Analysts fell to the sidelines weighing in on Mohawk Industries (MHKResearch Report), Arista Networks (ANETResearch Report) and Kraft Heinz (KHCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Mohawk Industries (MHK)

In a report issued on February 14, Stephen Kim from Evercore ISI maintained a Hold rating on Mohawk Industries, with a price target of $144.00. The company’s shares closed last Monday at $137.98.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 13.2% and a 66.9% success rate. Kim covers the Consumer Goods sector, focusing on stocks such as M.D.C. Holdings, Toll Brothers, and PulteGroup.

Currently, the analyst consensus on Mohawk Industries is a Hold with an average price target of $154.80.

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Arista Networks (ANET)

Evercore ISI analyst Amit Daryanani maintained a Hold rating on Arista Networks on February 14 and set a price target of $225.00. The company’s shares closed last Monday at $223.47.

According to TipRanks.com, Daryanani is a 5-star analyst with an average return of 15.3% and a 67.2% success rate. Daryanani covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies, and Juniper Networks.

Arista Networks has an analyst consensus of Hold, with a price target consensus of $222.00, which is a 2.1% upside from current levels. In a report issued on January 30, Barclays also downgraded the stock to Hold with a $220.00 price target.

Kraft Heinz (KHC)

In a report issued on February 14, David Palmer from Evercore ISI maintained a Hold rating on Kraft Heinz, with a price target of $30.00. The company’s shares closed last Monday at $26.88, close to its 52-week low of $24.86.

According to TipRanks.com, Palmer is a 5-star analyst with an average return of 9.9% and a 70.3% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Brinker International, and Conagra Brands.

Currently, the analyst consensus on Kraft Heinz is a Hold with an average price target of $28.43, representing a 2.1% upside. In a report issued on February 13, Jefferies also reiterated a Hold rating on the stock with a price target.

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