There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Amazon (AMZN) and Daimler (DDAIF) with bullish sentiments.
Goldman Sachs analyst Heath Terry maintained a Buy rating on Amazon today and set a price target of $4200.00. The company’s shares closed last Friday at $3144.69.
According to TipRanks.com, Terry is a top 100 analyst with an average return of 25.7% and a 66.5% success rate. Terry covers the Technology sector, focusing on stocks such as Zillow Group Class A, GoodRx Holdings, and Pinterest.
Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $3758.06, a 17.8% upside from current levels. In a report issued on October 8, Needham also maintained a Buy rating on the stock with a $3700.00 price target.
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In a report released today, Arndt Ellinghorst from Bernstein maintained a Buy rating on Daimler, with a price target of EUR70.00. The company’s shares closed last Thursday at $56.71, close to its 52-week high of $60.00.
Ellinghorst has an average return of 10.5% when recommending Daimler.
According to TipRanks.com, Ellinghorst is ranked #6825 out of 7021 analysts.
Daimler has an analyst consensus of Moderate Buy, with a price target consensus of $62.69, representing a 10.2% upside. In a report issued on October 9, Deutsche Bank also maintained a Buy rating on the stock with a EUR60.00 price target.
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