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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Mercedes-Benz Group (OtherMBGAF) and Starbucks (SBUX)

Tipranks - Thu Apr 30, 4:28AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mercedes-Benz Group (MBGAF) and Starbucks (SBUX).

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Mercedes-Benz Group (MBGAF)

In a report released today, Philippe Houchois from Jefferies maintained a Hold rating on Mercedes-Benz Group, with a price target of EUR60.00. The company’s shares closed last Tuesday at $57.60, close to its 52-week low of $53.76.

According to TipRanks.com, Houchois is a 5-star analyst with an average return of 15.0% and a 51.5% success rate. Houchois covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, General Motors, and Stellantis. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mercedes-Benz Group with a $70.65 average price target, representing a 21.8% upside. In a report issued on April 14, Barclays also maintained a Hold rating on the stock with a EUR55.00 price target.

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Starbucks (SBUX)

William Blair analyst Sharon Zackfia maintained a Buy rating on Starbucks today. The company’s shares closed last Tuesday at $97.28.

According to TipRanks.com, Zackfia is a 4-star analyst with an average return of 4.9% and a 47.7% success rate. Zackfia covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, Birkenstock Holding plc, and OneSpaWorld Holdings. ;'>

Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $102.52, implying a 4.1% upside from current levels. In a report issued on April 14, Morgan Stanley also maintained a Buy rating on the stock with a $105.00 price target.

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