Key events

 The chart below shows the upcoming events in the consumer sector this week.

 Key Events for Consumer Stocks: January 22–26

Analysts’ ratings and price changes last week

On January 16, 2018, Goldman Sachs upgraded Procter & Gamble (PG) to a “neutral” from a “sell” and increased the target price for the stock to $88 from $83. Of the analysts surveyed, 43% rated the stock a “buy,” and 57% rated it a “hold.” None of them rated it a “sell.”

On January 16, Goldman Sachs downgraded Hershey (HSY) to a “sell” from a “neutral” and cut the target price to $101 from $106. Of the analysts surveyed, 28% rated the stock a “buy,” 55% rated it a “hold,” and 17% rated it a “sell.”

On January 16, Goldman Sachs downgraded Williams-Sonoma (WSM) to a “neutral” from a “buy.” Of the analysts surveyed, 15% rated the stock a “buy,” 67% rated it a “hold,” and 18% rated it a “sell.”

On January 16, Wedbush upgraded Nike (NKE) to an “outperform” from a “neutral” and raised the target price to $74 from $57. Of the analysts surveyed, 56% rated the stock a “buy,” 39% rated it a “hold,” and 5% rated it a “sell.”

On January 17, Morgan Stanley upgraded Ulta Beauty (ULTA) to an “overweight” from an “equal weight” and raised the target price to $285 from $235. Instinet raised the target price to $259 from $250. Of the analysts surveyed, 62% rated the stock a “buy,” and 38% rated it a “hold.” None of them rated it a “sell.”

On January 18, Goldman Sachs upgraded Walmart (WMT) to a “buy” and added the stock to its Conviction Buy List. Of the analysts surveyed, 48% rated the stock a “buy,” and 52% rated it a “hold.” None of them rated it a “sell.”

On January 18, Mizuho upgraded Lennar (LEN) to a “buy” from a “neutral” and increased the target price to $80 from $53. Of the analysts surveyed, 67% rated the stock a “buy,” and 33% rated it a “hold.” None of them rated it a “sell.”

On January 18, Oppenheimer upgraded CarMax (KMX) to an “outperform from a “perform” and increased the target price to $88 from $80. Of the analysts surveyed, 53% rated the stock a “buy,” 35% rated it a “hold,” and 12% rated it a “sell.”

On January 19, Jefferies upgraded Altria Group (MO) to a “buy” and raised the target price to $81. Of the analysts surveyed, 67% rated the stock a “buy,” and 33% rated it a “hold.” None of them rated it a “sell.”

On January 19, Jefferies started with a “buy” rating for Kraft Heinz (KHC) and a target price of $95. Of the analysts surveyed, 73% rated the stock a “buy,” and 27% rated it a “hold.” None of them rated it a “sell.”

On January 19, Goldman Sachs upgraded Jack in the Box (JACK) to a “buy” from a “neutral.” Of the analysts surveyed, 47% rated the stock a “buy,” and 53% rated it a “hold.” None of them rated it a “sell.”

On January 19, Raymond James upgraded Chipotle Mexican Grill (CMG) to a “market perform” from an “underperform.” Of the analysts surveyed, 17% rated the stock a “buy,” 72% rated it a “hold,” and 11% rated it a “sell.”

For more information, visit Market Realist’s Consumer Discretionary and Consumer Staples pages.

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