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Analysts Offer Insights on Consumer Cyclical Companies: Steven Madden (SHOO), Lowe’s (LOW) and Amer Sports, Inc. (AS)

Tipranks - Thu Feb 26, 11:00AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Steven Madden (SHOOResearch Report), Lowe’s (LOWResearch Report) and Amer Sports, Inc. (ASResearch Report) with bullish sentiments.

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Steven Madden (SHOO)

Needham analyst Tom Nikic maintained a Buy rating on Steven Madden today and set a price target of $41.00. The company’s shares closed last Wednesday at $35.51.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 7.7% and a 49.2% success rate. Nikic covers the NA sector, focusing on stocks such as Lululemon Athletica, Columbia Sportswear, and Levi Strauss & Co. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Steven Madden with a $44.71 average price target, representing a 24.5% upside. In a report issued on February 12, Telsey Advisory also maintained a Buy rating on the stock with a $50.00 price target.

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Lowe’s (LOW)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Buy rating on Lowe’s, with a price target of $296.00. The company’s shares closed last Wednesday at $266.50.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 4.0% and a 60.5% success rate. Gutman covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and National Vision Holdings. ;'>

Lowe’s has an analyst consensus of Moderate Buy, with a price target consensus of $295.79, implying an 11.1% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $311.00 price target.

Amer Sports, Inc. (AS)

In a report released today, Lorraine Hutchinson from Bank of America Securities maintained a Buy rating on Amer Sports, Inc.. The company’s shares closed last Wednesday at $37.20.

According to TipRanks.com, Hutchinson is a 3-star analyst with an average return of 2.2% and a 51.9% success rate. Hutchinson covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Burlington Stores. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amer Sports, Inc. with a $49.50 average price target, implying a 29.6% upside from current levels. In a report issued on February 10, UBS also maintained a Buy rating on the stock with a $60.00 price target.

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