This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Cyclical Companies: Levi Strauss & Co (LEVI) and Amazon (AMZN)

Tipranks - Fri Jul 3, 6:14AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Levi Strauss & Co (LEVI) and Amazon (AMZN) with bullish sentiments.

4th of July Sale - 70% Off

Levi Strauss & Co (LEVI)

Stifel Nicolaus analyst Peter McGoldrick reiterated a Buy rating on Levi Strauss & Co today and set a price target of $27.00. The company’s shares closed last Wednesday at $24.50.

According to TipRanks.com, McGoldrick is a 1-star analyst with an average return of -0.2% and a 49.2% success rate. McGoldrick covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Fox Factory Holding. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Levi Strauss & Co with a $26.75 average price target, representing an 8.7% upside. In a report issued on June 26, UBS also maintained a Buy rating on the stock with a $34.00 price target.

See the top stocks recommended by analysts >>

Amazon (AMZN)

In a report released today, Ken Gawrelski from Wells Fargo reiterated a Buy rating on Amazon, with a price target of $313.00. The company’s shares closed last Wednesday at $241.70, close to its 52-week high of $242.52.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 4.3% and a 49.2% success rate. Gawrelski covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Match Group. ;'>

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $319.26, which is a 33.2% upside from current levels. In a report issued on June 18, Jefferies also maintained a Buy rating on the stock with a $320.00 price target.

Read More on LEVI:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.