Analysts Offer Insights on Consumer Cyclical Companies: Ulta Beauty (ULTA), Airbnb (ABNB) and Alibaba (BABA)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Ulta Beauty (ULTA), Airbnb (ABNB) and Alibaba (BABA) with bullish sentiments.
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Ulta Beauty (ULTA)
Goldman Sachs analyst Kate McShane reiterated a Buy rating on Ulta Beauty yesterday and set a price target of $689.00. The company’s shares closed last Wednesday at $539.14.
According to TipRanks.com, McShane is a 4-star analyst with an average return of
Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $711.53, a 33.4% upside from current levels. In a report issued on April 14, D.A. Davidson also maintained a Buy rating on the stock.
See the top stocks recommended by analysts >>
Airbnb (ABNB)
Bernstein analyst Richard Clarke maintained a Buy rating on Airbnb today and set a price target of $168.00. The company’s shares closed last Wednesday at $137.51.
According to TipRanks.com, Clarke is a 3-star analyst with an average return of
Currently, the analyst consensus on Airbnb is a Moderate Buy with an average price target of $147.91, implying a 10.0% upside from current levels. In a report issued on April 8, Tigress Financial also reiterated a Buy rating on the stock with a $185.00 price target.
Alibaba (BABA)
Bernstein analyst Robin Zhu maintained a Buy rating on Alibaba today and set a price target of $180.00. The company’s shares closed last Wednesday at $133.28.
According to TipRanks.com, Zhu is ranked #3901 out of 12196 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba with a $182.29 average price target, representing a 37.4% upside. In a report issued on April 8, Morgan Stanley also reiterated a Buy rating on the stock with a $180.00 price target.
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