Analysts have been closely watching two major consumer goods companies, Sysco (SYY) and Walmart (WMT), with differing opinions on their prospects. Argus Research analyst John Staszak maintained a Hold rating on Sysco, with the stock closing last Wednesday at $76.94. Staszak, a 5-star analyst with an 8.2% average return and a 58.2% success rate, covers stocks like Restaurant Brands International and Hilton Worldwide Holdings. The consensus among analysts is a Moderate Buy for Sysco, with a price target of $93.00, suggesting a 20.0% upside from current levels. However, TipRanks downgraded the stock to Hold with a $81.00 price target on November 4.
Meanwhile, Walmart (WMT) has received a Buy rating from Joe Feldman of Telsey Advisory, who set a price target of $130.00. Walmart’s shares closed last Wednesday at $125.67. Feldman, another 5-star analyst with a 7.1% average return and a 56.8% success rate, covers companies like Floor & Decor Holdings and Dick’s Sporting Goods. The broader analyst consensus for Walmart is a Strong Buy, with an average price target of $131.70, indicating a 5.9% upside. Morgan Stanley also maintained a Buy rating on Walmart with a $125.00 price target on November 1.