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Analysts Are Bullish on These Consumer Goods Stocks: Sysco (SYY), Coca-Cola (KO)

Tipranks - Thu Apr 30, 5:32AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Sysco (SYY) and Coca-Cola (KO) with bullish sentiments.

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Sysco (SYY)

In a report released yesterday, Sara Senatore from Bank of America Securities reiterated a Buy rating on Sysco, with a price target of $91.00. The company’s shares closed last Tuesday at $73.37.

According to TipRanks.com, Senatore is a 3-star analyst with an average return of 1.5% and a 48.2% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sysco with a $86.17 average price target, which is a 16.4% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a price target.

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Coca-Cola (KO)

In a report released yesterday, Peter Galbo from Bank of America Securities reiterated a Buy rating on Coca-Cola, with a price target of $90.00. The company’s shares closed last Tuesday at $78.35.

According to TipRanks.com, Galbo is a 1-star analyst with an average return of -0.2% and a 49.1% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

Currently, the analyst consensus on Coca-Cola is a Strong Buy with an average price target of $86.36, which is an 8.6% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $83.00 price target.

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