Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Lowe’s (LOW) and AutoZone (AZO) with bullish sentiments.
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Lowe’s (LOW)
Jefferies analyst Jonathan Matuszewski reiterated a Buy rating on Lowe’s today and set a price target of $278.00. The company’s shares closed last Tuesday at $212.08, close to its 52-week low of $211.80.
According to TipRanks.com, Matuszewski is a 4-star analyst with an average return of
Lowe’s has an analyst consensus of Moderate Buy, with a price target consensus of $264.06, which is a 22.3% upside from current levels. In a report issued on May 14, Wells Fargo also upgraded the stock to Buy with a $260.00 price target.
See the top stocks recommended by analysts >>
AutoZone (AZO)
Goldman Sachs analyst Kate McShane reiterated a Buy rating on AutoZone yesterday and set a price target of $4096.00. The company’s shares closed last Tuesday at $3100.11.
According to TipRanks.com, McShane is a 4-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 $3973.11 average price target, which is a 23.6% 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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