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Analysts Offer Insights on Consumer Goods Companies: Bed Bath & Beyond (BBBY), Constellation Brands (STZ) and Target (TGT)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Bed Bath & Beyond (BBBYResearch Report), Constellation Brands (STZResearch Report) and Target (TGTResearch Report).

Bed Bath & Beyond (BBBY)

In a report released today, Zachary Fadem from Wells Fargo maintained a Sell rating on Bed Bath & Beyond, with a price target of $5.00. The company’s shares closed last Tuesday at $8.42, close to its 52-week low of $7.51.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 17.4% and a 63.6% 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.

Bed Bath & Beyond has an analyst consensus of Moderate Sell, with a price target consensus of $10.40.

See the top stocks recommended by analysts >>

Constellation Brands (STZ)

In a report released today, Christopher Carey from Wells Fargo maintained a Buy rating on Constellation Brands, with a price target of $280.00. The company’s shares closed last Tuesday at $246.24.

According to TipRanks.com, Carey is a 4-star analyst with an average return of 5.8% and a 53.3% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Edgewell Personal Care, and Vita Coco Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Constellation Brands with a $272.85 average price target, which is a 12.0% upside from current levels. In a report issued on May 31, Evercore ISI also maintained a Buy rating on the stock with a $285.00 price target.

Target (TGT)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Target, with a price target of $190.00. The company’s shares closed last Tuesday at $155.98, close to its 52-week low of $145.51.

According to TipRanks.com, Gutman is a 1-star analyst with an average return of -1.2% and a 54.9% success rate. Gutman covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Grocery Outlet Holding, and Dick’s Sporting Goods.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Target with a $183.88 average price target, representing a 24.2% upside. In a report released today, Bank of America Securities also downgraded the stock to Hold with a $165.00 price target.

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