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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Tue Mar 3, 11:34AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Amer Sports, Inc. (ASResearch Report) and CarParts.com Inc (PRTSResearch Report) with bullish sentiments.

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Amer Sports, Inc. (AS)

Citi analyst Paul Lejuez reiterated a Buy rating on Amer Sports, Inc. on February 27 and set a price target of $50.00. The company’s shares closed last Monday at $37.60.

According to TipRanks.com, Lejuez is a 5-star analyst with an average return of 12.4% and a 62.2% success rate. Lejuez covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Dick’s Sporting Goods, and Lululemon Athletica. ;'>

Amer Sports, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $49.56, representing a 34.1% upside. In a report issued on February 12, Bernstein also maintained a Buy rating on the stock with a $46.00 price target.

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CarParts.com Inc (PRTS)

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on CarParts.com Inc. The company’s shares closed last Monday at $0.70, close to its 52-week low of $0.68.

According to TipRanks.com, Shannon is a top 100 analyst with an average return of 62.3% and a 54.2% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Lightpath Technologies. ;'>

The the analyst consensus on CarParts.com Inc is currently a Moderate Buy rating.

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