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TipRanksStock Market NewsSTZ NewsAnalysts Have Conflicting Sentiments on These Consumer Goods Companies: Constellation Brands (STZ) and Walgreens Boots Alliance (WBA)
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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Constellation Brands (STZ) and Walgreens Boots Alliance (WBA)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Constellation Brands (STZResearch Report) and Walgreens Boots Alliance (WBAResearch Report).

Constellation Brands (STZ)

In a report issued on June 30, Robert Ottenstein from Evercore ISI maintained a Buy rating on Constellation Brands, with a price target of $285.00. The company’s shares closed last Friday at $235.43.

According to TipRanks.com, Ottenstein is a 1-star analyst with an average return of -1.7% and a 46.1% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Reynolds Consumer Products.

Constellation Brands has an analyst consensus of Moderate Buy, with a price target consensus of $271.64, which is a 16.6% upside from current levels. In a report issued on July 1, Barclays also maintained a Buy rating on the stock with a $281.00 price target.

See today’s best-performing stocks on TipRanks >>

Walgreens Boots Alliance (WBA)

The company’s shares closed last Friday at $38.56, close to its 52-week low of $36.98.

According to TipRanks.com, CFA has 0 stars on 0-5 stars ranking scale with an average return of -21.1% and a 19.4% success rate. CFA covers the Healthcare sector, focusing on stocks such as AmerisourceBergen, Oak Street Health, and 1Life Healthcare.

Walgreens Boots Alliance has an analyst consensus of Hold, with a price target consensus of $45.82, which is a 21.8% upside from current levels. In a report issued on June 17, Deutsche Bank also maintained a Hold rating on the stock with a $46.00 price target.

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