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Analysts Offer Insights on Consumer Cyclical Companies: O’Reilly Auto (ORLY) and Amazon (AMZN)

Tipranks - Fri Jul 31, 7:50PM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on O’Reilly Auto (ORLY) and Amazon (AMZN) with bullish sentiments.

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O’Reilly Auto (ORLY)

TD Cowen analyst Max Rakhlenko reiterated a Buy rating on O’Reilly Auto yesterday and set a price target of $110.00. The company’s shares closed last Thursday at $87.36.

According to TipRanks.com, Rakhlenko is a 4-star analyst with an average return of 3.9% and a 54.0% success rate. Rakhlenko covers the NA sector, focusing on stocks such as Floor & Decor Holdings, OneSpaWorld Holdings, and Advance Auto Parts. ;'>

O’Reilly Auto has an analyst consensus of Strong Buy, with a price target consensus of $111.15, a 25.4% upside from current levels. In a report issued on July 21, RBC Capital also maintained a Buy rating on the stock with a $110.00 price target.

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Amazon (AMZN)

Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Amazon today and set a price target of $333.00. The company’s shares closed last Thursday at $235.50, close to its 52-week high of $242.52.

According to TipRanks.com, Wlodarczak is a 4-star analyst with an average return of 2.8% and a 50.8% success rate. Wlodarczak covers the NA sector, focusing on stocks such as Liberty Media Liberty Formula One, TKO Group Holdings, and Liberty Global C. ;'>

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $318.08, a 36.3% upside from current levels. In a report issued on July 16, KeyBanc also maintained a Buy rating on the stock with a $335.00 price target.

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