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Analysts Are Bullish on Top Consumer Goods Stocks: Anheuser-Busch Inbev Sa (BUD), Tyson Foods (TSN)

Tipranks - Thu Jan 29, 4:16AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Anheuser-Busch Inbev Sa (BUDResearch Report) and Tyson Foods (TSNResearch Report) with bullish sentiments.

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Anheuser-Busch Inbev Sa (BUD)

In a report released yesterday, Robert Ottenstein from Evercore ISI maintained a Buy rating on Anheuser-Busch Inbev Sa, with a price target of $75.00. The company’s shares closed last Tuesday at $70.25.

According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of 2.4% and a 51.9% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Constellation Brands. ;'>

Anheuser-Busch Inbev Sa has an analyst consensus of Moderate Buy, with a price target consensus of $75.00, which is a 7.5% upside from current levels. In a report issued on January 13, Wells Fargo also maintained a Buy rating on the stock with a $75.00 price target.

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Tyson Foods (TSN)

Barclays analyst Benjamin Theurer maintained a Buy rating on Tyson Foods yesterday and set a price target of $75.00. The company’s shares closed last Tuesday at $65.75, close to its 52-week high of $66.88.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 3.9% and a 51.0% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Wal-Mart de Mexico SAB de CV, Arca Continental SAB de C V, and Fomento Economico Mexicano. ;'>

Currently, the analyst consensus on Tyson Foods is a Moderate Buy with an average price target of $67.00.

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