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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Aptiv (APTV) and Tesla (TSLA)

Tipranks - Wed Apr 15, 3:01AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Aptiv (APTV) and Tesla (TSLA).

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Aptiv (APTV)

In a report released yesterday, Mark Delaney from Goldman Sachs initiated coverage with a Buy rating on Aptiv and a price target of $74.00. The company’s shares closed last Monday at $59.36.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 22.7% and a 64.1% success rate. Delaney covers the Technology sector, focusing on stocks such as Keysight Technologies, TE Connectivity, and Amphenol. ;'>

Currently, the analyst consensus on Aptiv is a Strong Buy with an average price target of $85.93, implying a 45.8% upside from current levels. In a report issued on March 30, UBS also maintained a Buy rating on the stock with a $97.00 price target.

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Tesla (TSLA)

In a report released today, Joseph Spak from UBS upgraded Tesla to Hold, with a price target of $352.00. The company’s shares closed last Monday at $352.42.

According to TipRanks.com, Spak is ranked 0 out of 5 stars with an average return of -8.4% and a 44.4% success rate. Spak covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Dana Incorporated, and Rivian Automotive. ;'>

Tesla has an analyst consensus of Hold, with a price target consensus of $402.29, implying a 14.9% upside from current levels. In a report issued on March 31, TipRanks – PerPlexity also downgraded the stock to Hold with a $396.00 price target.

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