Analysts Offer Insights on Consumer Cyclical Companies: Amazon (AMZN), La-Z-Boy Incorporated (LZB) and Ferrari (RACE)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Amazon (AMZN – Research Report), La-Z-Boy Incorporated (LZB – Research Report) and Ferrari (RACE – Research Report) with bullish sentiments.
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Amazon (AMZN)
In a report released today, Justin Patterson from KeyBanc maintained a Buy rating on Amazon, with a price target of $285.00. The company’s shares closed last Friday at $207.67.
According to TipRanks.com, Patterson 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 Amazon with a $279.88 average price target, which is a 33.5% upside from current levels. In a report issued on March 1, Morgan Stanley also maintained a Buy rating on the stock with a $300.00 price target.
See the top stocks recommended by analysts >>
La-Z-Boy Incorporated (LZB)
KeyBanc analyst Bradley Thomas maintained a Buy rating on La-Z-Boy Incorporated today and set a price target of $46.00. The company’s shares closed last Friday at $33.81, close to its 52-week low of $32.00.
According to TipRanks.com, Thomas is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for La-Z-Boy Incorporated with a $44.50 average price target.
Ferrari (RACE)
Berenberg Bank analyst Michael Filatov maintained a Buy rating on Ferrari today and set a price target of EUR381.00. The company’s shares closed last Friday at $331.86.
According to TipRanks.com, Filatov is ranked #11876 out of 12125 analysts.
Currently, the analyst consensus on Ferrari is a Moderate Buy with an average price target of $435.46, a 30.7% upside from current levels. In a report issued on March 3, J.P. Morgan also maintained a Buy rating on the stock with a EUR380.00 price target.
