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Analysts Are Bullish on These Consumer Goods Stocks: Krispy Kreme (DNUT), Costco (COST)

Tipranks - Fri Mar 13, 3:30AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Krispy Kreme (DNUTResearch Report) and Costco (COSTResearch Report) with bullish sentiments.

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Krispy Kreme (DNUT)

In a report released yesterday, Sara Senatore from Bank of America Securities reiterated a Buy rating on Krispy Kreme, with a price target of $5.00. The company’s shares closed last Wednesday at $3.26.

According to TipRanks.com, Senatore is a 3-star analyst with an average return of 2.5% and a 49.2% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

Krispy Kreme has an analyst consensus of Hold, with a price target consensus of $4.13.

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Costco (COST)

In a report released yesterday, Zhihan Ma from Bernstein maintained a Buy rating on Costco, with a price target of $1170.00. The company’s shares closed last Wednesday at $992.23.

According to TipRanks.com, Ma is a 4-star analyst with an average return of 12.1% and a 70.1% success rate. Ma covers the Consumer Goods sector, focusing on stocks such as Dollar General, Dollar Tree, and Dollarama. ;'>

Currently, the analyst consensus on Costco is a Moderate Buy with an average price target of $1088.65, a 9.3% upside from current levels. In a report issued on February 27, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $1185.00 price target.

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