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Analysts Offer Insights on Consumer Cyclical Companies: AutoZone (AZO) and Starbucks (SBUX)

Tipranks - Thu May 28, 6:52AM CDT

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 -3.9% and a 37.8% success rate. Thomas-Martin covers the NA sector, focusing on stocks such as Driven Brands Holdings, Winnebago Industries, and Boyd Group Services. ;'>

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 0.1% and a 46.4% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

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.

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