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Analysts Are Bullish on Top Consumer Goods Stocks: Boston Beer (SAM), Diageo (DGEAF)

Tipranks - Thu Feb 26, 5:56AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Boston Beer (SAMResearch Report) and Diageo (DGEAFResearch Report) with bullish sentiments.

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Boston Beer (SAM)

In a report released today, Bill Kirk from Roth MKM reiterated a Buy rating on Boston Beer, with a price target of $326.00. The company’s shares closed last Tuesday at $227.45, close to its 52-week low of $215.10.

According to TipRanks.com, Kirk is ranked 0 out of 5 stars with an average return of -8.3% and a 40.7% success rate. Kirk covers the Consumer Goods sector, focusing on stocks such as Grocery Outlet Holding, United Natural Foods, and Albertsons Companies. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Boston Beer with a $245.71 average price target, implying an 8.4% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $250.00 price target.

See the top stocks recommended by analysts >>

Diageo (DGEAF)

In a report released today, Laurence Whyatt from Barclays maintained a Buy rating on Diageo, with a price target of £25.50. The company’s shares closed last Tuesday at $25.90, close to its 52-week low of $25.83.

According to TipRanks.com, Whyatt is ranked #3754 out of 12136 analysts.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $27.81, implying a 9.1% upside from current levels. In a report released today, Bernstein also maintained a Buy rating on the stock with a £23.60 price target.

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