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Analysts Are Bullish on These Consumer Goods Stocks: Constellation Brands (STZ), US Foods Holding (USFD)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Constellation Brands (STZResearch Report), US Foods Holding (USFDResearch Report) and ChargePoint Holdings (CHPTResearch Report) with bullish sentiments.

Constellation Brands (STZ)

In a report released yesterday, Kevin Grundy from Jefferies maintained a Buy rating on Constellation Brands, with a price target of $305.00. The company’s shares closed last Thursday at $251.42, close to its 52-week high of $258.00.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 4.5% and a 63.3% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Duckhorn Portfolio, Procter & Gamble, and Church & Dwight.

Currently, the analyst consensus on Constellation Brands is a Moderate Buy with an average price target of $272.85, which is a 9.1% upside from current levels. In a report issued on April 8, Barclays also maintained a Buy rating on the stock with a $283.00 price target.

See the top stocks recommended by analysts >>

US Foods Holding (USFD)

In a report released today, Alexander Slagle from Jefferies maintained a Buy rating on US Foods Holding, with a price target of $50.00. The company’s shares closed last Thursday at $36.53.

Slagle has an average return of 17.0% when recommending US Foods Holding.

According to TipRanks.com, Slagle is ranked #1645 out of 7933 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for US Foods Holding with a $44.78 average price target.

ChargePoint Holdings (CHPT)

Jefferies analyst David Kelley maintained a Buy rating on ChargePoint Holdings today and set a price target of $28.00. The company’s shares closed last Thursday at $15.25, close to its 52-week low of $11.21.

According to TipRanks.com, Kelley is a 3-star analyst with an average return of 3.7% and a 42.9% success rate. Kelley covers the Industrial Goods sector, focusing on stocks such as Luminar Technologies, BorgWarner, and Littelfuse.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ChargePoint Holdings with a $24.82 average price target.

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