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Analysts’ Top Consumer Cyclical Picks: Amcor (AMCR), Dutch Bros Inc (BROS)

Tipranks - Fri May 8, 7:56AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Amcor (AMCR) and Dutch Bros Inc (BROS) with bullish sentiments.

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Amcor (AMCR)

In a report released today, Hillary Cacanando from Deutsche Bank maintained a Buy rating on Amcor, with a price target of $50.00. The company’s shares closed last Wednesday at $40.21.

According to TipRanks.com, Cacanando is a 5-star analyst with an average return of 29.0% and a 64.3% success rate. Cacanando covers the NA sector, focusing on stocks such as International Paper Co, Graphic Packaging, and Sonoco Products. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amcor with a $48.33 average price target, a 19.0% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $44.00 price target.

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Dutch Bros Inc (BROS)

Jefferies analyst Andy Barish reiterated a Buy rating on Dutch Bros Inc today and set a price target of $83.00. The company’s shares closed last Wednesday at $59.06.

According to TipRanks.com, Barish is a 4-star analyst with an average return of 7.3% and a 53.4% success rate. Barish covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, First Watch Restaurant Group, and BJ’s Restaurants. ;'>

Currently, the analyst consensus on Dutch Bros Inc is a Strong Buy with an average price target of $75.24, representing a 29.0% upside. In a report issued on May 1, Oppenheimer also initiated coverage with a Buy rating on the stock with a $72.00 price target.

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