Analysts Are Bullish on Top Consumer Goods Stocks: Monster Beverage (MNST), Walmart (WMT)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Monster Beverage (MNST – Research Report) and Walmart (WMT – Research Report) with bullish sentiments.
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Monster Beverage (MNST)
In a report released yesterday, Robert Ottenstein from Evercore ISI maintained a Buy rating on Monster Beverage, with a price target of $85.00. The company’s shares closed last Monday at $84.69.
According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $83.59 average price target, implying a 0.3% upside from current levels. In a report issued on February 20, Deutsche Bank also maintained a Buy rating on the stock with a $88.00 price target.
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Walmart (WMT)
In a report released yesterday, Greg Melich from Evercore ISI maintained a Buy rating on Walmart, with a price target of $135.00. The company’s shares closed last Monday at $125.81.
According to TipRanks.com, Melich is a 5-star analyst with an average return of
Currently, the analyst consensus on Walmart is a Strong Buy with an average price target of $138.32, which is an 12.0% upside from current levels. In a report issued on February 9, J.P. Morgan also maintained a Buy rating on the stock with a $137.00 price target.
