Analysts Offer Insights on Consumer Cyclical Companies: Amazon (AMZN) and Chipotle (CMG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Amazon (AMZN) and Chipotle (CMG) with bullish sentiments.
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Amazon (AMZN)
In a report released today, Justin Post from Bank of America Securities maintained a Buy rating on Amazon. The company’s shares closed last Tuesday at $277.42.
According to TipRanks.com, Post is a 5-star analyst with an average return of
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $333.20, which is a 20.7% upside from current levels. In a report issued on July 21, Jefferies also maintained a Buy rating on the stock with a $320.00 price target.
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Chipotle (CMG)
William Blair analyst Sharon Zackfia reiterated a Buy rating on Chipotle today. The company’s shares closed last Tuesday at $33.82.
According to TipRanks.com, Zackfia 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 Chipotle with a $44.73 average price target, which is a 19.4% upside from current levels. In a report issued on July 30, TipRanks – xAI also upgraded the stock to Buy with a $37.00 price target.
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