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Analysts Offer Insights on Consumer Goods Companies: Constellation Brands (STZ) and Costco (COST)

Tipranks - Sat Mar 7, 6:30AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Constellation Brands (STZResearch Report) and Costco (COSTResearch Report) with bullish sentiments.

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Constellation Brands (STZ)

In a report released yesterday, Robert Ottenstein from Evercore ISI maintained a Buy rating on Constellation Brands, with a price target of $170.00. The company’s shares closed last Thursday at $147.30.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 2.7% and a 53.5% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Constellation Brands with a $166.73 average price target.

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Costco (COST)

TD Cowen analyst Oliver Chen maintained a Buy rating on Costco today and set a price target of $1175.00. The company’s shares closed last Thursday at $982.57.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 4.3% and a 50.6% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Brilliant Earth Group, and Levi Strauss & Co. ;'>

Costco has an analyst consensus of Moderate Buy, with a price target consensus of $1086.65, representing a 9.0% upside. In a report issued on February 27, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $1185.00 price target.

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