Analysts Offer Insights on Consumer Cyclical Companies: Canadian Tire (OtherCDNAF), TripAdvisor (TRIP) and MIPS AB (OtherMPZAF)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Canadian Tire (CDNAF), TripAdvisor (TRIP) and MIPS AB (MPZAF).

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Canadian Tire (CDNAF)

TD Cowen analyst Brian Morrison maintained a Hold rating on Canadian Tire yesterday and set a price target of C$210.00. The company’s shares closed last Tuesday at $136.01.

According to TipRanks.com, Morrison is a 5-star analyst with an average return of 13.8% and a 54.9% success rate. Morrison covers the NA sector, focusing on stocks such as Martinrea International, Magna International, and Gildan Activewear. ;'>

Canadian Tire has an analyst consensus of Moderate Buy, with a price target consensus of $144.24.

See today’s best-performing stocks on TipRanks >>

TripAdvisor (TRIP)

In a report issued on July 13, John Colantuoni from Jefferies maintained a Buy rating on TripAdvisor, with a price target of $11.00. The company’s shares closed last Tuesday at $14.00, close to its 52-week low of $12.93.

According to TipRanks.com, Colantuoni is a 4-star analyst with an average return of 6.9% and a 57.1% success rate. Colantuoni covers the NA sector, focusing on stocks such as Carvana Co, Maplebear, and Expedia. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $14.27 average price target.

MIPS AB (MPZAF)

Jefferies analyst Adela Dashian maintained a Buy rating on MIPS AB today and set a price target of SEK540.00. The company’s shares closed last Wednesday at $26.00.

According to TipRanks.com, Dashian is ranked #7419 out of 12383 analysts.

Currently, the analyst consensus on MIPS AB is a Moderate Buy with an average price target of $55.61, an 113.9% upside from current levels. In a report issued on July 4, TipRanks – Google also upgraded the stock to Buy with a SEK337.00 price target.

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• Tvardi, Biogen, FuelCell, Magnite, Canadian Tire Trending
• Canadian Tire initiated with a Buy at Stifel
• Canadian Tire price target lowered to C$200 from C$205 at TD Securities
• Canadian Tire price target lowered to C$185 from C$194 at BMO Capital
• Canadian Tire price target lowered to C$216 from C$220 at RBC Capital