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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Constellation Brands (STZ), Lowe’s (LOW) and Walgreens Boots Alliance (WBA)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Constellation Brands (STZResearch Report), Lowe’s (LOWResearch Report) and Walgreens Boots Alliance (WBAResearch Report).

Constellation Brands (STZ)

Evercore ISI analyst Robert Ottenstein maintained a Buy rating on Constellation Brands yesterday and set a price target of $285.00. The company’s shares closed last Thursday at $245.22.

According to TipRanks.com, Ottenstein is a 1-star analyst with an average return of -3.5% and a 43.1% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Reynolds Consumer Products.

Constellation Brands has an analyst consensus of Moderate Buy, with a price target consensus of $272.85, implying an 11.3% upside from current levels. In a report issued on May 11, Jefferies also reiterated a Buy rating on the stock with a $305.00 price target.

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Lowe’s (LOW)

Evercore ISI analyst Greg Melich initiated coverage with a Buy rating on Lowe’s yesterday and set a price target of $250.00. The company’s shares closed last Thursday at $191.70, close to its 52-week low of $182.08.

According to TipRanks.com, Melich is a 2-star analyst with an average return of -0.7% and a 39.8% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Advance Auto Parts.

Currently, the analyst consensus on Lowe’s is a Strong Buy with an average price target of $251.80, implying a 34.1% upside from current levels. In a report issued on May 6, Gordon Haskett Capital Corporation also maintained a Buy rating on the stock with a $225.00 price target.

Walgreens Boots Alliance (WBA)

In a report released yesterday, Elizabeth Anderson CFA from Evercore ISI maintained a Hold rating on Walgreens Boots Alliance, with a price target of $48.00. The company’s shares closed last Thursday at $43.16, close to its 52-week low of $41.80.

According to TipRanks.com, CFA has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -20.8% and a 25.0% success rate. CFA covers the Healthcare sector, focusing on stocks such as Patterson Companies, Oak Street Health, and AmerisourceBergen.

The word on The Street in general, suggests a Hold analyst consensus rating for Walgreens Boots Alliance with a $48.78 average price target.

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