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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Black Rock Coffee Bar, Inc. Class A (BRCB) and Best Buy Co (BBY)

Tipranks - Thu Mar 5, 5:43AM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Black Rock Coffee Bar, Inc. Class A (BRCBResearch Report) and Best Buy Co (BBYResearch 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 -0.5% and a 48.7% success rate. Harbour covers the NA sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Darden Restaurants. ;'>

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 3.8% and a 59.9% success rate. Gutman covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, National Vision Holdings, and Floor & Decor Holdings. ;'>

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.

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