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Analysts Offer Insights on Consumer Cyclical Companies: Amazon (AMZN) and Stitch Fix (SFIX)

Tipranks - Thu Jun 11, 7:08PM CDT

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

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Amazon (AMZN)

In a report released yesterday, Mark Shmulik from Bernstein maintained a Buy rating on Amazon, with a price target of $315.00. The company’s shares closed last Wednesday at $238.00, close to its 52-week high of $242.52.

According to TipRanks.com, Shmulik is a 5-star analyst with an average return of 19.4% and a 67.7% success rate. Shmulik covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Meta Platforms. ;'>

Amazon has an analyst consensus of Strong Buy, with a price target consensus of $319.14, a 31.0% upside from current levels. In a report issued on May 26, Bank of America Securities also maintained a Buy rating on the stock with a $310.00 price target.

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Stitch Fix (SFIX)

In a report released yesterday, Owen Rickert from Northland Securities maintained a Buy rating on Stitch Fix, with a price target of $5.00. The company’s shares closed last Wednesday at $3.60.

According to TipRanks.com, Rickert is a 1-star analyst with an average return of -1.3% and a 47.0% success rate. Rickert covers the NA sector, focusing on stocks such as Savers Value Village Inc., Life Time Group Holdings, and Barnes & Noble Education. ;'>

Stitch Fix has an analyst consensus of Moderate Buy, with a price target consensus of $5.00, implying a 40.4% upside from current levels. In a report issued on June 9, William Blair also maintained a Buy rating on the stock.

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