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Analysts Offer Insights on Consumer Goods Companies: Amazon (AMZN) and Wayfair (W)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Amazon (AMZNResearch Report) and Wayfair (WResearch Report).

Amazon (AMZN)

In a report released yesterday, Brent Thill from Jefferies maintained a Buy rating on Amazon, with a price target of $165.00. The company’s shares closed last Thursday at $122.28.

According to TipRanks.com, Thill has 0 stars on 0-5 stars ranking scale with an average return of -9.1% and a 29.1% success rate. Thill covers the Technology sector, focusing on stocks such as Instructure Holdings, IAC/InteractiveCorp., and Procore Technologies.

Amazon has an analyst consensus of Strong Buy, with a price target consensus of $172.19, implying a 41.6% upside from current levels. In a report issued on July 15, Evercore ISI also maintained a Buy rating on the stock with a $180.00 price target.

See the top stocks recommended by analysts >>

Wayfair (W)

In a report released today, Zachary Fadem from Wells Fargo maintained a Sell rating on Wayfair, with a price target of $45.00. The company’s shares closed last Thursday at $52.61, close to its 52-week low of $43.31.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 17.7% and a 63.8% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings.

Wayfair has an analyst consensus of Hold, with a price target consensus of $79.96, which is a 63.3% upside from current levels. In a report issued on July 21, Bank of America Securities also maintained a Sell rating on the stock with a $64.00 price target.

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