Analysts Offer Insights on Consumer Cyclical Companies: AutoZone (AZO) and Starbucks (SBUX)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on AutoZone (AZO) and Starbucks (SBUX) with bullish sentiments.
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AutoZone (AZO)
In a report released today, Tristan M. Thomas-Martin from BMO Capital maintained a Buy rating on AutoZone, with a price target of $4000.00. The company’s shares closed last Tuesday at $3100.11.
According to TipRanks.com, Thomas-Martin is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for AutoZone with a $4030.17 average price target, which is a 25.4% upside from current levels. In a report issued on May 12, Citi also maintained a Buy rating on the stock with a $4300.00 price target.
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Starbucks (SBUX)
Bank of America Securities analyst Sara Senatore reiterated a Buy rating on Starbucks today and set a price target of $137.00. The company’s shares closed last Tuesday at $101.42.
According to TipRanks.com, Senatore is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Starbucks with a $110.88 average price target, representing a 7.6% upside. In a report issued on May 15, TD Cowen also upgraded the stock to Buy with a $120.00 price target.
Read More on AZO:
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- AutoZone price target lowered to $3,600 from $3,900 at Baird
- AutoZone: Buy Rating Reaffirmed as Earnings Acceleration and Store Investments Offset Softer FQ3; Price Target Trimmed to $3,605
- AutoZone Earnings Call: Growth Outruns Accounting Headwinds
- AutoZone: Buy Rating Reiterated on Earnings Outperformance and Resilient Demand; $4,800 Price Target Maintained
- AutoZone: Buy Rating Reiterated as Analyst Sees Selloff Overdone, Maintains $4,150 Price Target
