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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Wed Apr 22, 8:26AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on BorgWarner (BWA), Versigent Limited (VGNT) and Booking Holdings (BKNG) with bullish sentiments.

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BorgWarner (BWA)

Deutsche Bank analyst Edison Yu maintained a Buy rating on BorgWarner today and set a price target of $81.00. The company’s shares closed last Monday at $55.73.

According to TipRanks.com, Yu is a 4-star analyst with an average return of 15.0% and a 42.5% success rate. Yu covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Dana Incorporated, and Rivian Automotive. ;'>

Currently, the analyst consensus on BorgWarner is a Moderate Buy with an average price target of $68.91, implying a 24.1% upside from current levels. In a report issued on April 6, TipRanks – xAI also upgraded the stock to Buy with a $58.00 price target.

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Versigent Limited (VGNT)

In a report released today, Chris McNally from Evercore ISI initiated coverage with a Buy rating on Versigent Limited and a price target of $55.00. The company’s shares closed last Monday at $34.77, close to its 52-week high of $34.99.

According to TipRanks.com, McNally is a 3-star analyst with an average return of 3.3% and a 52.9% success rate. McNally covers the NA sector, focusing on stocks such as Magna International, Group 1 Automotive, and Rivian Automotive. ;'>

Versigent Limited has an analyst consensus of Strong Buy, with a price target consensus of $40.50, implying a 15.7% upside from current levels. In a report issued on April 6, Wells Fargo also initiated coverage with a Buy rating on the stock with a $35.00 price target.

Booking Holdings (BKNG)

In a report released today, Benjamin Black CFA from Deutsche Bank maintained a Buy rating on Booking Holdings, with a price target of $210.00. The company’s shares closed last Monday at $192.03.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 22.2% and a 56.4% success rate. CFA covers the NA sector, focusing on stocks such as Meta Platforms, Pinterest, and AppLovin. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Booking Holdings with a $228.28 average price target, which is a 19.8% upside from current levels. In a report issued on April 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $205.00 price target.

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