Analysts Offer Insights on Consumer Cyclical Companies: Cracker Barrel (CBRL) and Amazon (AMZN)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Cracker Barrel (CBRL) and Amazon (AMZN) with bullish sentiments.
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Cracker Barrel (CBRL)
Argus Research analyst Christine Dooley maintained a Buy rating on Cracker Barrel on March 20 and set a price target of $40.00. The company’s shares closed last Monday at $27.30.
According to TipRanks.com, Dooley is a 4-star analyst with an average return of
Currently, the analyst consensus on Cracker Barrel is a Hold with an average price target of $32.00, which is a 16.7% upside from current levels. In a report issued on March 5, Truist Financial also maintained a Buy rating on the stock with a $47.00 price target.
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Amazon (AMZN)
Jefferies analyst Brent Thill maintained a Buy rating on Amazon today and set a price target of $300.00. The company’s shares closed last Monday at $211.63.
According to TipRanks.com, Thill is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $280.00 average price target, representing a 36.3% upside. In a report issued on March 9, J.P. Morgan also maintained a Buy rating on the stock with a $265.00 price target.
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