Analysts’ Top Consumer Cyclical Picks: Ralph Lauren (RL), Amazon (AMZN)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ralph Lauren (RL – Research Report) and Amazon (AMZN – Research Report) with bullish sentiments.
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Ralph Lauren (RL)
Telsey Advisory analyst Dana Telsey maintained a Buy rating on Ralph Lauren today and set a price target of $435.00. The company’s shares closed last Thursday at $338.66.
According to TipRanks.com, Telsey is a 3-star analyst with an average return of
Ralph Lauren has an analyst consensus of Strong Buy, with a price target consensus of $417.15, a 28.2% upside from current levels. In a report issued on January 28, UBS also maintained a Buy rating on the stock with a $474.00 price target.
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Amazon (AMZN)
In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Amazon, with a price target of $300.00. The company’s shares closed last Thursday at $222.69.
According to TipRanks.com, Feldman is a 5-star analyst with an average return of
Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $288.57, representing a 28.3% upside. In a report released yesterday, Citi also initiated coverage with a Buy rating on the stock with a $320.00 price target.
