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Analysts Are Bullish on Top Consumer Goods Stocks: Amazon (AMZN), Electronic Arts (EA)

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There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Amazon (AMZNResearch Report) and Electronic Arts (EAResearch Report) with bullish sentiments.

Amazon (AMZN)

Stifel Nicolaus analyst Scott Devitt maintained a Buy rating on Amazon on January 11 and set a price target of $4400.00. The company’s shares closed last Friday at $3242.76.

According to TipRanks.com, Devitt is a 5-star analyst with an average return of 22.0% and a 54.5% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Zillow Group Class A, and Uber Technologies.

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $4150.83, representing a 29.6% upside. In a report issued on December 27, Monness also maintained a Buy rating on the stock with a $4500.00 price target.

See the top stocks recommended by analysts >>

Electronic Arts (EA)

In a report issued on January 11, Jamie Bass from Berenberg Bank maintained a Buy rating on Electronic Arts, with a price target of $175.00. The company’s shares closed last Friday at $130.44.

According to TipRanks.com, Bass is ranked #6289 out of 7778 analysts.

Currently, the analyst consensus on Electronic Arts is a Strong Buy with an average price target of $173.58, which is a 33.5% upside from current levels. In a report issued on January 10, Ascendiant also maintained a Buy rating on the stock with a $170.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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