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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Mercadolibre (MELI) and Molson Coors (TAP)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Mercadolibre (MELIResearch Report) and Molson Coors (TAPResearch Report).

Mercadolibre (MELI)

BTIG analyst Marvin Fong maintained a Buy rating on Mercadolibre yesterday and set a price target of $1550.00. The company’s shares closed last Monday at $1265.01.

According to TipRanks.com, Fong is a 2-star analyst with an average return of 1.5% and a 37.7% success rate. Fong covers the Technology sector, focusing on stocks such as Farfetch, CarGurus, and Aterian.

Mercadolibre has an analyst consensus of Strong Buy, with a price target consensus of $1578.50.

See the top stocks recommended by analysts >>

Molson Coors (TAP)

Wells Fargo analyst Christopher Carey maintained a Hold rating on Molson Coors yesterday and set a price target of $50.00. The company’s shares closed last Monday at $52.07.

According to TipRanks.com, Carey is a 3-star analyst with an average return of 5.4% and a 50.0% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Edgewell Personal Care, and Constellation Brands.

The word on The Street in general, suggests a Hold analyst consensus rating for Molson Coors with a $53.64 average price target.

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