There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on JD (JD – Research Report) and Carvana Co (CVNA – Research Report) with bullish sentiments.
JD (JD)
Mizuho Securities analyst James Lee maintained a Buy rating on JD on August 23 and set a price target of $90.00. The company’s shares closed last Wednesday at $59.44.
According to TipRanks.com, Lee is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for JD with a $89.63 average price target, a 58.2% upside from current levels. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a $91.00 price target.
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Carvana Co (CVNA)
Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Carvana Co on August 23 and set a price target of $65.00. The company’s shares closed last Wednesday at $36.09, close to its 52-week low of $19.45.
According to TipRanks.com, Sebastian is a 5-star analyst with an average return of
Currently, the analyst consensus on Carvana Co is a Moderate Buy with an average price target of $52.75, implying a 49.2% upside from current levels. In a report issued on August 16, Oppenheimer also maintained a Buy rating on the stock with a $100.00 price target.
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