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Analysts Are Bullish on Top Consumer Goods Stocks: Constellation Brands (STZ), Walmart (WMT)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Constellation Brands (STZResearch Report) and Walmart (WMTResearch Report) with bullish sentiments.

Constellation Brands (STZ)

Jefferies analyst Kevin Grundy maintained a Buy rating on Constellation Brands yesterday and set a price target of $305.00. The company’s shares closed last Tuesday at $250.95.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 5.0% and a 64.4% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Duckhorn Portfolio, Procter & Gamble, and Celsius Holdings.

Currently, the analyst consensus on Constellation Brands is a Moderate Buy with an average price target of $272.85, an 8.7% upside from current levels. In a report issued on May 12, Evercore ISI also maintained a Buy rating on the stock with a $285.00 price target.

See the top stocks recommended by analysts >>

Walmart (WMT)

Jefferies analyst Stephanie Wissink maintained a Buy rating on Walmart yesterday and set a price target of $155.00. The company’s shares closed last Tuesday at $131.35, close to its 52-week low of $130.64.

According to TipRanks.com, Wissink is a 1-star analyst with an average return of -1.0% and a 43.2% success rate. Wissink covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, National Vision Holdings, and Natura & Co Holding.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $157.36 average price target, representing a 15.3% upside. In a report released today, BMO Capital also maintained a Buy rating on the stock with a $165.00 price target.

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