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Analysts Are Bullish on Top Consumer Goods Stocks: Kimberly Clark (KMB), Amazon (AMZN)

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

Kimberly Clark (KMB)

In a report released yesterday, Kevin Grundy from Jefferies maintained a Buy rating on Kimberly Clark, with a price target of $156.00. The company’s shares closed last Thursday at $137.48.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 3.7% and a 63.0% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Constellation Brands, and Energizer Holdings.

Kimberly Clark has an analyst consensus of Hold, with a price target consensus of $134.73.

See Insiders’ Hot Stocks on TipRanks >>

Amazon (AMZN)

Jefferies analyst Brent Thill maintained a Buy rating on Amazon today and set a price target of $4000.00. The company’s shares closed last Thursday at $2792.75, close to its 52-week low of $2707.04.

According to TipRanks.com, Thill is a 4-star analyst with an average return of 11.4% and a 43.7% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and Zillow Group Class C.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $4135.34 average price target, which is a 48.1% upside from current levels. In a report released yesterday, BMO Capital also assigned a Buy rating to the stock with a $3600.00 price target.

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