Analysts Offer Insights on Consumer Goods Companies: AutoZone (NYSE: AZO), Constellation Brands (NYSE: STZ) and Lennar (NYSE: LEN)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on AutoZone (AZOResearch Report), Constellation Brands (STZResearch Report) and Lennar (LENResearch Report).

AutoZone (AZO)

Evercore ISI analyst Greg Melich maintained a Hold rating on AutoZone today. The company’s shares closed last Tuesday at $1643.07, close to its 52-week high of $1666.63.

According to TipRanks.com, Melich is a 3-star analyst with an average return of 9.4% and a 69.4% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and O’Reilly Auto.

AutoZone has an analyst consensus of Moderate Buy, with a price target consensus of $1801.50, implying an 11.5% upside from current levels. In a report issued on September 13, D.A. Davidson also downgraded the stock to Hold with a $1600.00 price target.

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Constellation Brands (STZ)

Evercore ISI analyst Robert Ottenstein reiterated a Buy rating on Constellation Brands today and set a price target of $275.00. The company’s shares closed last Tuesday at $209.08.

According to TipRanks.com, Ottenstein is a 1-star analyst with an average return of -0.3% and a 48.9% 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.

Currently, the analyst consensus on Constellation Brands is a Strong Buy with an average price target of $268.58, implying a 27.1% upside from current levels. In a report issued on September 16, Barclays also maintained a Buy rating on the stock with a $260.00 price target.

Lennar (LEN)

In a report released today, Stephen Kim from Evercore ISI maintained a Buy rating on Lennar, with a price target of $166.00. The company’s shares closed last Tuesday at $97.77.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 13.5% and a 62.4% success rate. Kim covers the Consumer Goods sector, focusing on stocks such as M.D.C. Holdings, Toll Brothers, and Meritage.

Lennar has an analyst consensus of Strong Buy, with a price target consensus of $129.75, a 34.6% upside from current levels. In a report released today, BTIG also maintained a Buy rating on the stock with a $131.00 price target.

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