Analysts Conflicted on These Consumer Goods Names: Deckers Outdoor (DECK), Amazon (AMZN) and Ambev SA (ABEV)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Deckers Outdoor (DECK – Research Report), Amazon (AMZN – Research Report) and Ambev SA (ABEV – Research Report).

Deckers Outdoor (DECK)

In a report issued on July 28, Warren Cheng from Evercore ISI maintained a Hold rating on Deckers Outdoor, with a price target of $300.00. The company’s shares closed last Friday at $313.21.

According to TipRanks.com, Cheng is ranked #5553 out of 7996 analysts.

Deckers Outdoor has an analyst consensus of Strong Buy, with a price target consensus of $375.42, implying a 21.5% upside from current levels. In a report issued on July 21, Wedbush also maintained a Hold rating on the stock with a $312.00 price target.

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Amazon (AMZN)

Evercore ISI analyst Mark Mahaney reiterated a Buy rating on Amazon on July 28 and set a price target of $180.00. The company’s shares closed last Friday at $134.95.

According to TipRanks.com, Mahaney is a top 100 analyst with an average return of 29.7% and a 51.2% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Integral Ad Science.

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $175.99, representing a 30.5% upside. In a report issued on July 20, Mizuho Securities also maintained a Buy rating on the stock with a $155.00 price target.

Ambev SA (ABEV)

Evercore ISI analyst Robert Ottenstein maintained a Buy rating on Ambev SA on July 28 and set a price target of $5.00. The company’s shares closed last Friday at $2.82.

According to TipRanks.com, Ottenstein is a 2-star analyst with an average return of 0.4% and a 54.2% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Reynolds Consumer Products.

Currently, the analyst consensus on Ambev SA is a Moderate Buy with an average price target of $5.00, which is a 73.6% upside from current levels. In a report issued on July 13, J.P. Morgan also upgraded the stock to Buy.

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