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Analysts Offer Insights on Consumer Goods Companies: Coca-Cola (KO) and Ross Stores (ROST)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coca-Cola (KOResearch Report) and Ross Stores (ROSTResearch Report) with bullish sentiments.

Coca-Cola (KO)

Credit Suisse analyst Kaumil Gajrawala maintained a Buy rating on Coca-Cola today and set a price target of $68.00. The company’s shares closed last Tuesday at $65.69, close to its 52-week high of $67.20.

According to TipRanks.com, Gajrawala is a 1-star analyst with an average return of -0.5% and a 55.5% success rate. Gajrawala covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Colgate-Palmolive, and Vita Coco Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola with a $69.83 average price target, which is a 6.6% upside from current levels. In a report issued on April 13, Barclays also maintained a Buy rating on the stock with a $73.00 price target.

See the top stocks recommended by analysts >>

Ross Stores (ROST)

Morgan Stanley analyst Kimberly Greenberger maintained a Buy rating on Ross Stores today and set a price target of $139.00. The company’s shares closed last Tuesday at $104.49.

According to TipRanks.com, Greenberger is a 3-star analyst with an average return of 1.8% and a 54.1% success rate. Greenberger covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Burlington Stores.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ross Stores with a $118.31 average price target, a 13.5% upside from current levels. In a report issued on April 11, Credit Suisse also maintained a Buy rating on the stock with a $125.00 price target.

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Read More on KO:

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