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Analysts Offer Insights on Consumer Cyclical Companies: ACV Auctions (ACVA) and First Watch Restaurant Group (FWRG)

Tipranks - Wed Mar 12, 2025

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on ACV Auctions (ACVAResearch Report) and First Watch Restaurant Group (FWRGResearch Report).

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ACV Auctions (ACVA)

In a report released today, Nicholas Jones CFA from JMP Securities maintained a Buy rating on ACV Auctions, with a price target of $22.00. The company’s shares closed last Wednesday at $14.45, close to its 52-week low of $12.96.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 23.6% and a 50.9% success rate. CFA covers the NA sector, focusing on stocks such as Booking Holdings, 1stdibs.com, and Carvana Co. ;'>

Currently, the analyst consensus on ACV Auctions is a Strong Buy with an average price target of $24.38, which is a 66.3% upside from current levels. In a report released today, Bank of America Securities also upgraded the stock to Buy with a $20.00 price target.

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

First Watch Restaurant Group (FWRG)

In a report released today, Chris O`Cull from Stifel Nicolaus maintained a Hold rating on First Watch Restaurant Group, with a price target of $18.00. The company’s shares closed last Wednesday at $17.30.

According to TipRanks.com, O`Cull is a 5-star analyst with an average return of 13.5% and a 57.4% success rate. O`Cull covers the NA sector, focusing on stocks such as Restaurant Brands International, Papa John’s International, and Driven Brands Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for First Watch Restaurant Group with a $24.17 average price target, implying a 43.8% upside from current levels. In a report released yesterday, TD Cowen also maintained a Hold rating on the stock with a $21.00 price target.

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