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

Tipranks - Thu Apr 23, 7:22AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Tractor Supply (TSCO) and Amazon (AMZN).

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Tractor Supply (TSCO)

In a report released today, Christopher Horvers from J.P. Morgan maintained a Hold rating on Tractor Supply, with a price target of $48.00. The company’s shares closed last Tuesday at $39.57.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 9.0% and a 61.7% success rate. Horvers covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Dick’s Sporting Goods. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tractor Supply with a $53.06 average price target, a 24.6% 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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Amazon (AMZN)

Bernstein analyst Mark Shmulik maintained a Buy rating on Amazon today and set a price target of $265.00. The company’s shares closed last Tuesday at $249.91.

According to TipRanks.com, Shmulik is a 5-star analyst with an average return of 20.3% and a 72.2% success rate. Shmulik covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Meta Platforms. ;'>

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $286.74, which is 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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