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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Amazon (AMZN) and Tractor Supply (TSCO)

Tipranks - Wed Apr 22, 12:42PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Amazon (AMZN) and Tractor Supply (TSCO).

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Amazon (AMZN)

Truist Financial analyst Youssef Squali maintained a Buy rating on Amazon today. The company’s shares closed last Tuesday at $251.61.

According to TipRanks.com, Squali is a 4-star analyst with an average return of 5.3% and a 49.7% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, DoubleVerify Holdings, and Uber Technologies. ;'>

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $286.74, implying a 12.4% upside from current levels. In a report issued on April 9, TipRanks – OpenAI also upgraded the stock to Buy with a $244.00 price target.

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Tractor Supply (TSCO)

Truist Financial analyst Scot Ciccarelli maintained a Hold rating on Tractor Supply today and set a price target of $44.00. The company’s shares closed last Tuesday at $39.80.

According to TipRanks.com, Ciccarelli is a 5-star analyst with an average return of 16.1% and a 70.2% success rate. Ciccarelli covers the NA sector, focusing on stocks such as Genuine Parts Company, Advance Auto Parts, and O’Reilly Auto. ;'>

Tractor Supply has an analyst consensus of Moderate Buy, with a price target consensus of $55.78, which is a 30.9% upside from current levels. In a report issued on April 7, Bank of America Securities also initiated coverage with a Hold rating on the stock with a $47.00 price target.

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