Analysts Conflicted on These Consumer Cyclical Names: Kontoor Brands (KTB), Amazon (AMZN) and Mitsubishi Motors (OtherMMTOF)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Kontoor Brands (KTB), Amazon (AMZN) and Mitsubishi Motors (MMTOF).
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Kontoor Brands (KTB)
In a report released today, Ike Boruchow from Wells Fargo maintained a Buy rating on Kontoor Brands, with a price target of $100.00. The company’s shares closed last Friday at $71.77.
According to TipRanks.com, Boruchow is a 2-star analyst with an average return of
Currently, the analyst consensus on Kontoor Brands is a Moderate Buy with an average price target of $97.00, representing a 32.8% upside. In a report issued on May 17, TipRanks – OpenAI also upgraded the stock to Buy with a $68.00 price target.
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Amazon (AMZN)
In a report released today, Justin Post from Bank of America Securities reiterated a Buy rating on Amazon, with a price target of $310.00. The company’s shares closed last Friday at $270.64.
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 $319.14, implying a 17.6% upside from current levels. In a report issued on May 20, William Blair also maintained a Buy rating on the stock.
Mitsubishi Motors (MMTOF)
Goldman Sachs analyst Kota Yuzawa maintained a Sell rating on Mitsubishi Motors today and set a price target of Yen360.00. The company’s shares closed last Tuesday at $2.56, close to its 52-week low of $2.36.
According to TipRanks.com, Yuzawa is a 4-star analyst with an average return of
Currently, the analyst consensus on Mitsubishi Motors is a Hold with an average price target of $2.18, implying a -14.8% downside from current levels. In a report issued on May 23, TipRanks – Anthropic also reiterated a Sell rating on the stock with a Yen347.00 price target.
Read More on KTB:
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- Kontoor Brands removed from US Conviction Lis at Goldman Sachs
- Kontoor Brands Sells Lee Business to Authentic Brands
- Kontoor Brands to sell Lee business to Authentic Brands Group for up to $1B
- Kontoor’s Lee announces celebrity collaboration with Kacey Musgraves
- FGX International announces licensing agreement with Wrangler
