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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Coupang (CPNG), Lowe’s (LOW) and TJX Companies (TJX)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Coupang (CPNGResearch Report), Lowe’s (LOWResearch Report) and TJX Companies (TJXResearch Report).

Coupang (CPNG)

J.P. Morgan analyst Stanley Yang maintained a Hold rating on Coupang on February 22 and set a price target of $25.00. The company’s shares closed last Friday at $21.10, close to its 52-week low of $16.61.

According to TipRanks.com, Yang is ranked #5607 out of 7778 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Coupang with a $26.50 average price target, which is a 6.9% upside from current levels. In a report issued on March 3, Mizuho Securities also maintained a Hold rating on the stock with a $28.00 price target.

See the top stocks recommended by analysts >>

Lowe’s (LOW)

J.P. Morgan analyst Christopher Horvers maintained a Hold rating on Lowe’s on February 23 and set a price target of $266.00. The company’s shares closed last Friday at $224.07.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 9.5% and a 64.9% success rate. Horvers covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Academy Sports and Outdoors, and Container Store Group.

Currently, the analyst consensus on Lowe’s is a Strong Buy with an average price target of $282.00, which is a 25.6% upside from current levels. In a report issued on February 24, Wedbush also maintained a Hold rating on the stock with a $240.00 price target.

TJX Companies (TJX)

In a report issued on February 23, Matthew Boss from J.P. Morgan maintained a Buy rating on TJX Companies, with a price target of $81.00. The company’s shares closed last Friday at $62.54, close to its 52-week low of $59.85.

According to TipRanks.com, Boss is a 4-star analyst with an average return of 4.0% and a 50.6% success rate. Boss covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Abercrombie Fitch, and Bath & Body Works.

TJX Companies has an analyst consensus of Strong Buy, with a price target consensus of $79.75, implying a 22.8% upside from current levels. In a report issued on February 28, Cowen & Co. also maintained a Buy rating on the stock with a $72.00 price target.

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