Analysts Sing Praise for ORLY and AMZN as Price Targets Soar
Analysts are optimistic about two major companies in the Consumer Cyclical sector. O'Reilly Auto (ORLY) and Amazon (AMZN) have received bullish sentiments from experts. TD Cowen analyst Max Rakhlenko reiterated a Buy rating on ORLY, setting a price target of $110.00.
According to TipRanks.com, Rakhlenko is a 4-star analyst with an average return of 3.9% and a 54.0% success rate. He covers the NA sector, focusing on stocks such as Floor & Decor Holdings and Advance Auto Parts.
O'Reilly Auto has an analyst consensus of Strong Buy, with a price target consensus of $111.15, a 25.4% upside from current levels. RBC Capital also maintained a Buy rating on ORLY with a $110.00 price target.
In related news, Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Amazon today and set a price target of $333.00. The company's shares closed last Thursday at $235.50, close to its 52-week high of $242.52.