Blurbs

Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Amazon (AMZN), Clorox (CLX) and Murphy USA (MUSA)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Amazon (AMZNResearch Report), Clorox (CLXResearch Report) and Murphy USA (MUSAResearch Report).

Amazon (AMZN)

In a report released today, Tom Forte from D.A. Davidson maintained a Buy rating on Amazon, with a price target of $134.00. The company’s shares closed last Friday at $108.16.

According to TipRanks.com, Forte is a 5-star analyst with an average return of 16.4% and a 51.5% success rate. Forte covers the Consumer Goods sector, focusing on stocks such as The Lovesac Company, Wayfair, and Aterian.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $134.80 average price target, implying a 28.1% upside from current levels. In a report released today, Evercore ISI also maintained a Buy rating on the stock with a $160.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Clorox (CLX)

In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on Clorox, with a price target of $145.00. The company’s shares closed last Friday at $151.44.

According to TipRanks.com, Mohsenian is a 4-star analyst with an average return of 5.6% and a 65.3% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Edgewell Personal Care.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Clorox with a $139.78 average price target, which is a -8.6% downside from current levels. In a report issued on February 1, Jefferies also maintained a Hold rating on the stock with a $145.00 price target.

Murphy USA (MUSA)

Wells Fargo analyst Anthony Bonadio maintained a Buy rating on Murphy USA today and set a price target of $325.00. The company’s shares closed last Friday at $257.21.

Bonadio has an average return of 5.3% when recommending Murphy USA.

According to TipRanks.com, Bonadio is ranked #5076 out of 8323 analysts.

Murphy USA has an analyst consensus of Moderate Buy, with a price target consensus of $330.00, representing a 25.7% upside. In a report released today, Raymond James also reiterated a Buy rating on the stock with a $305.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on AMZN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More