Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Black Rock Coffee Bar, Inc. Class A (BRCB) and Best Buy Co (BBY)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Black Rock Coffee Bar, Inc. Class A (BRCB – Research Report) and Best Buy Co (BBY – Research Report).
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Black Rock Coffee Bar, Inc. Class A (BRCB)
Morgan Stanley analyst Brian Harbour maintained a Buy rating on Black Rock Coffee Bar, Inc. Class A today and set a price target of $28.00. The company’s shares closed last Tuesday at $14.80.
According to TipRanks.com, Harbour is a 1-star analyst with an average return of
Black Rock Coffee Bar, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $22.93, which is a 68.2% upside from current levels. In a report released today, William Blair also reiterated a Buy rating on the stock with a $14.80 price target.
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Best Buy Co (BBY)
In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Best Buy Co, with a price target of $72.00. The company’s shares closed last Tuesday at $65.95.
According to TipRanks.com, Gutman is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Best Buy Co with a $73.83 average price target, which is a 14.3% upside from current levels. In a report issued on February 23, TipRanks – Google also downgraded the stock to Hold with a $69.00 price target.
