Analysts Offer Insights on Consumer Goods Companies: Amazon (NASDAQ: AMZN), Deckers Outdoor (NYSE: DECK) and Molson Coors (NYSE: TAP)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Amazon (AMZNResearch Report), Deckers Outdoor (DECKResearch Report) and Molson Coors (TAPResearch Report) with bullish sentiments.

Amazon (AMZN)

Jefferies analyst Brent Thill maintained a Buy rating on Amazon today and set a price target of $4200.00. The company’s shares closed last Thursday at $3599.92.

According to TipRanks.com, Thill is a top 25 analyst with an average return of 29.9% and a 78.8% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and CrowdStrike Holdings.

Amazon has an analyst consensus of Strong Buy, with a price target consensus of $4234.96, representing a 16.7% upside. In a report issued on July 19, Mizuho Securities also maintained a Buy rating on the stock with a $4400.00 price target.

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Deckers Outdoor (DECK)

In a report released today, Janie Stichter from Jefferies maintained a Buy rating on Deckers Outdoor, with a price target of $475.00. The company’s shares closed last Thursday at $406.69, close to its 52-week high of $414.55.

According to TipRanks.com, Stichter is a 4-star analyst with an average return of 20.8% and a 54.5% success rate. Stichter covers the Consumer Goods sector, focusing on stocks such as Abercrombie Fitch, Burlington Stores, and Urban Outfitters.

Deckers Outdoor has an analyst consensus of Strong Buy, with a price target consensus of $449.00, a 10.3% upside from current levels. In a report issued on July 22, Telsey Advisory also maintained a Buy rating on the stock with a $425.00 price target.

Molson Coors (TAP)

Jefferies analyst Kevin Grundy maintained a Buy rating on Molson Coors yesterday and set a price target of $72.00. The company’s shares closed last Thursday at $49.41.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 5.3% and a 64.7% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Duckhorn Portfolio, and Keurig Dr Pepper.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Molson Coors with a $66.33 average price target, representing a 32.7% upside. In a report issued on July 21, Evercore ISI also maintained a Buy rating on the stock with a $60.00 price target.

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