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Analysts Offer Insights on Consumer Cyclical Companies: AutoZone (AZO) and TJX Companies (TJX)

Tipranks - Fri Feb 27, 5:56AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on AutoZone (AZOResearch Report) and TJX Companies (TJXResearch Report) with bullish sentiments.

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AutoZone (AZO)

Wells Fargo analyst Zachary Fadem maintained a Buy rating on AutoZone today and set a price target of $4150.00. The company’s shares closed last Wednesday at $3671.82, close to its 52-week high of $3838.00.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 6.8% and a 59.3% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on AutoZone is a Strong Buy with an average price target of $4225.40, a 12.7% upside from current levels. In a report issued on February 13, TipRanks – PerPlexity also upgraded the stock to Buy with a $4147.00 price target.

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TJX Companies (TJX)

UBS analyst Jay Sole reiterated a Buy rating on TJX Companies today and set a price target of $195.00. The company’s shares closed last Wednesday at $155.82.

According to TipRanks.com, Sole is a 4-star analyst with an average return of 6.1% and a 53.0% success rate. Sole covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Canada Goose Holdings, and Lululemon Athletica. ;'>

TJX Companies has an analyst consensus of Strong Buy, with a price target consensus of $173.73, which is a 10.3% upside from current levels. In a report issued on February 18, Telsey Advisory also maintained a Buy rating on the stock with a $170.00 price target.

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