Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (DKNG), TripAdvisor (TRIP) and Wynn Resorts (WYNN)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on DraftKings (DKNG), TripAdvisor (TRIP) and Wynn Resorts (WYNN) with bullish sentiments.
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DraftKings (DKNG)
UBS analyst Arpine Kocharyan maintained a Buy rating on DraftKings on May 8 and set a price target of $43.00. The company’s shares closed last Friday at $25.52.
According to TipRanks.com, Kocharyan is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $34.27 average price target, representing a 29.8% upside. In a report issued on May 8, Needham also maintained a Buy rating on the stock with a $35.00 price target.
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TripAdvisor (TRIP)
Bernstein analyst Richard Clarke maintained a Buy rating on TripAdvisor on May 8 and set a price target of $20.00. The company’s shares closed last Friday at $10.45.
According to TipRanks.com, Clarke is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $13.23 average price target, representing a 19.0% upside. In a report issued on May 4, Bank of America Securities also reiterated a Buy rating on the stock with a $15.00 price target.
Wynn Resorts (WYNN)
In a report issued on May 8, Trey Bowers from Wells Fargo maintained a Buy rating on Wynn Resorts, with a price target of $142.00. The company’s shares closed last Friday at $102.42.
According to TipRanks.com, Bowers is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wynn Resorts with a $138.69 average price target, a 30.8% upside from current levels. In a report issued on May 8, Barclays also assigned a Buy rating to the stock with a price target.
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