Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Coupang (CPNG – Research Report) and Amer Sports, Inc. (AS – Research Report) with bullish sentiments.
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Coupang (CPNG)
J.P. Morgan analyst Stanley Yang maintained a Buy rating on Coupang today and set a price target of $27.00. The company’s shares closed last Monday at $19.83.
Yang has an average return of
According to TipRanks.com, Yang is ranked #7488 out of 12144 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coupang with a $25.18 average price target, which is a 35.9% upside from current levels. In a report issued on February 19, UBS also maintained a Buy rating on the stock with a $25.00 price target.
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Amer Sports, Inc. (AS)
In a report released today, Matthew Boss from J.P. Morgan maintained a Buy rating on Amer Sports, Inc., with a price target of $56.00. The company’s shares closed last Monday at $37.89.
According to TipRanks.com, Boss is a 4-star analyst with an average return of
Currently, the analyst consensus on Amer Sports, Inc. is a Strong Buy with an average price target of $50.20, which is a 35.9% upside from current levels. In a report issued on February 19, Evercore ISI also maintained a Buy rating on the stock with a $50.00 price target.
