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Wall Street Analysts Are Bullish on Top Consumer Goods Picks

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There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Diageo (DGEAFResearch Report) and Lennar (LENResearch Report) with bullish sentiments.

Diageo (DGEAF)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Diageo, with a price target of £42.00. The company’s shares closed last Wednesday at $45.78.

According to TipRanks.com, Ottenstein is a 1-star analyst with an average return of -3.0% and a 42.5% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $55.38, representing a 21.0% upside. In a report released yesterday, J.P. Morgan also upgraded the stock to Buy with a p4350.00 price target.

See today’s best-performing stocks on TipRanks >>

Lennar (LEN)

In a report released today, Stephen Kim from Evercore ISI maintained a Buy rating on Lennar, with a price target of $163.00. The company’s shares closed last Thursday at $88.70.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 10.9% and a 57.4% success rate. Kim covers the Consumer Goods sector, focusing on stocks such as M.D.C. Holdings, Toll Brothers, and PulteGroup.

Currently, the analyst consensus on Lennar is a Moderate Buy with an average price target of $122.70, representing a 38.6% upside. In a report issued on March 10, J.P. Morgan also maintained a Buy rating on the stock with a $104.00 price target.

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