Utility Over Hype: ETF Launch Alert

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Costco Wholesale, Procter & Gamble And Other Defensive Stocks From Wall Street's Most Accurate Analysts

Lisa Levin
November 24, 2023

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Here's a look at some of the top consumer staples stocks from several analysts, according to Benzinga Analyst Stock Ratings.

The Procter & Gamble Company (NYSE:PG)

  • Stifel analyst Mark Astrachan maintained a Hold rating and boosted the price target from $151 to $155 on Oct. 19, 2023. This analyst sees around 3% upside in the stock and has an accuracy rate of 82%.
  • Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating with a price target of $174 on Aug. 1, 2023. This analyst sees the stock gaining around 15% and has an accuracy rate of 72%.
  • Recent News: Procter & Gamble recently reported better-than-expected earnings for its third quarter.

Costco Wholesale Corporation (NASDAQ:COST)

  • Stifel analyst Mark Astrachan maintained a Buy rating and increased the price target from $575 to $595 on Nov. 13, 2023. Astrachan sees 1% growth in the stock and has an accuracy rate of 82%.
  • JP Morgan analyst Christopher Horvers maintained an Overweight rating and cut the price target from $620 to $605 on Nov. 2, 2023. This analyst sees around 3% surge in the stock and has an accuracy rate of 73%.
  • Recent News: Costco Wholesale reported net sales of $18.53 billion for the retail month of October.

The Kraft Heinz Company (NASDAQ:KHC)

  • Bernstein analyst Alexia Howard upgraded the stock from Market Perform to Outperform with a price target of $40 on Nov. 14, 2023. This analyst sees around 15% upside in the stock and has an accuracy rate of 65%.
  • Piper Sandler analyst Michael Lavery maintained a Neutral rating and raised the price target from $34 to $35 on Nov. 2, 2023. This analyst sees the stock gaining around 1% and has an accuracy rate of 71%.
  • Recent News: Kraft Heinz reported mixed third-quarter FY23 results and raised its full-year EPS outlook.

Mondelez International, Inc. (NASDAQ:MDLZ)

  • Morgan Stanley analyst Pamela Kaufman maintained an Overweight rating and cut the price target from $82 to $74 on Nov. 3, 2023. This analyst sees around 3.5% rise in the stock and has an accuracy rate of 65%.
  • Piper Sandler analyst Michael Lavery maintained an Overweight rating and increased the price target from $71 to $73 on Nov. 2, 2023. Lavery sees the stock gaining around 2%, and has an accuracy rate of 71%.
  • Recent News: Mondelez reported better-than-expected third-quarter adjusted EPS results.

 

Read More: Investor Sentiment Improves As US Stocks Record Gains

Continue Reading...

Popular

Turkey's energy minister warns of threat to oil and gas supplies after tankers targeted

ISTANBUL (AP) — Turkey’s energy minister issued a call for the supply of oil and gas in the Black Sea to be protected after three off the Turkish coast.

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

NEW YORK (AP) — President Donald Trump denounced ABC News' Mary Bruce as a “terrible reporter” Tuesday and threatened the network's license to broadcast after she asked him three sharp questions at the White House.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

Jensen Huang Was Mistakenly Sent To A Kentucky Reform School, Where He Cleaned Bathrooms While His Brother Worked On Tobacco Farms

Nvidia CEO Jensen Huang's journey from mistakenly being sent to a Kentucky reform school as a child to building a trillion-dollar tech empire highlights how early hardship shaped one of the most influential leaders in the global AI industry.

D.C.'s Quiet Plan for a New Tech Era - Ad

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Trump 'Very Seriously' Considering Australian Retirement Savings System For US Working People: 'It's A Good Plan'

President Donald Trump has revealed that his administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Why Is Symbotic (SYM) Stock Trending Overnight?

Symbotic shares are moving higher overnight following after-hours trading gains and recent analyst and insider activity.

$270,000 Drug. One Competitor. Billion-Dollar Market. - Ad

Phase 3 trial targets recurrent pericarditis with an oral therapy that could disrupt the only approved treatment. And their heart failure program launches in 2026.

Airbus cuts 2025 delivery target due to A320 fuselage panel issue

PARIS (AP) — Aerospace manufacturer expects to deliver fewer planes than planned this year following an used on some A320 planes.

Cathie Wood Bets Big On These Stocks As Bitcoin, Ethereum Crash —Dumps Instagram Rival

On Tuesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its holdings in Bullish (NYSE:BLSH), Coinbase Glo

The Repeatable Strategy Behind 20+ Early Memecoin Wins (Revealed) - Ad

Few analysts have been able to consistently spot strong memecoin setups, but our team has developed a repeatable framework that has helped them identify high-momentum plays early. Now they've uncovered a new project showing similar characteristics, and they want you to see the full breakdown yourself.

Donald Trump Nullifies 92% Of Joe Biden's Autopen-Signed Documents: 'Cancelling All Executive Orders And Anything Else'

Trump moved to invalidate what he claims are most of Biden's autopen-signed actions, sparking political backlash and renewed debate over the legality and precedent of using mechanical signatures for presidential documents.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Why Softbank CEO Was 'Crying' Over Selling Nvidia Stake

Softbank founder Son sold entire Nvidia stake to fund AI investments, but says he was crying as he parted with shares.

Bad Bunny Beats Taylor Swift On 2025 Spotify Top List―Is That Why He's Playing Super Bowl LX Halftime?

The selection of Bad Bunny to perform at halftime at Super Bowl LX has divided fans. A look at Spotify's 2025 list of top artists, albums and songs could show why he may have been chosen.

The Next ETF Era Begins with Payments - Ad

After Solana and Hedera, another digital-asset ETF has arrived and it targets global money movement.

Bulgaria's government withdraws controversial budget after major protests

SOFIA, Bulgaria (AP) — Bulgaria's government said Tuesday it is withdrawing a controversial budget proposal after protests against it drew tens of thousands of people and saw clashes between police and protesters.

Bill Gates' Daughter Phoebe's AI Shopping Assistant Found Collecting Extensive User Data: Report

Phia, co-founded by Phoebe Gates, has been found collecting extensive user data through its browser extension, raising privacy concerns.

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Palantir Is The 'Most Dangerous Corporation' In America, Says Clinton-Era Official: It Is Building The Infrastructure Of 'The Police State'

Economist Robert Reich issued a stark warning on Palantir Technologies Inc. (NASDAQ: PLTR), calling the Silicon Valley giant a growing threat to civil liberties as it continues to expand within the federal government.

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Salesforce Q3 Preview: Record Revenue Predicted, Can Shares Recover After 30% Drop In 2025?

Salesforce shares are down in 2025. The company's Q3 results and Q4 guidance could see shares volatile in the last month of the year.

Airport Traffic Hits US Record Sunday After Thanksgiving: Will Airline Stocks Take Flight Into 2026?

U.S. airports were busy for Thanksgiving with a new record set on Sunday. Could airline stocks see a strong quarter despite the government shutdown impact?

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

Apple Stock Just Hit An All-Time High: What's Going On?

Apple Inc (NASDAQ: AAPL) shares hit a new all-time high Tuesday amid aggressive leadership changes in its AI division and robust sales data.

Latest opioid settlement plan with OxyContin maker Purdue and Sackler family getting few objections

NEW YORK (AP) — Lawyers representing OxyContin maker Purdue Pharma, branches of the Sackler family that own it, cities, states, counties, Native American tribes, people with addiction and others across the U.S. are expected to deliver a nearly unanimous message for a bankruptcy court judge Friday: Approve a plan to settle thousands of opioid-related lawsuits against the company.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

Tim Cook's Potential Successor, China's iPhone 17 Demand And More: This Week In Appleverse

Apple saw major shifts this week, from leadership speculation to streaming moves and a strong iPhone 17 surge in China.

Christmas market in Germany opens after last year's deadly attack in the city of Magdeburg

BERLIN (AP) — The Christmas market in the German city of Magdeburg opened Thursday, nearly a year after it was the scene of a horrific that left six people dead.

D.C.'s Quiet Plan for a New Tech Era - Ad

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service