Analysts Bullish on PUMA SE and Amazon with Strong Price Targets

Analysts have expressed bullish sentiments on two consumer cyclical companies, PUMA SE NPV (PMMAF) and Amazon (AMZN), highlighting potential upside for investors.

Citi analyst Monique Pollard maintained a Buy rating on PUMA SE NPV, setting a price target of EUR34.00. The stock closed last Thursday at $23.60, near its 52-week low of $23.56. Pollard is ranked #3715 out of 12514 analysts by TipRanks.com. The consensus among analysts is a Moderate Buy, with a price target consensus of $33.32, suggesting a 41.2% upside from current levels. Berenberg Bank also maintained a Buy rating with a EUR40.00 price target in a report issued on September 28.

For Amazon, TD Cowen analyst John Blackledge reiterated a Buy rating and set a price target of $350.00. Amazon's shares closed last Friday at $251.52. Blackledge, a 5-star analyst with an 8.2% average return and a 51.4% success rate, covers the Technology sector. The analyst consensus on Amazon is a Strong Buy with an average price target of $331.82, indicating a 31.9% upside from current levels. Pivotal Research also maintained a Buy rating with a $333.00 price target in a report issued on September 21.