Analysts Offer Insights on Consumer Cyclical Companies: Bloomin’ Brands (BLMN) and Global-e Online (GLBE)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Bloomin’ Brands (BLMN) and Global-e Online (GLBE).
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Bloomin’ Brands (BLMN)
In a report released today, Dennis Geiger from UBS maintained a Hold rating on Bloomin’ Brands, with a price target of $9.00. The company’s shares closed last Wednesday at $8.12, close to its 52-week low of $7.37.
According to TipRanks.com, Geiger is a 3-star analyst with an average return of
Bloomin’ Brands has an analyst consensus of Hold, with a price target consensus of $7.46, which is a 5.7% upside from current levels. In a report issued on April 22, TipRanks – Anthropic also upgraded the stock to Hold with a $6.50 price target.
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Global-e Online (GLBE)
UBS analyst Timothy Chiodo reiterated a Buy rating on Global-e Online today and set a price target of $50.00. The company’s shares closed last Wednesday at $31.22, close to its 52-week low of $28.11.
According to TipRanks.com, Chiodo is a 3-star analyst with an average return of
Currently, the analyst consensus on Global-e Online is a Strong Buy with an average price target of $45.90, which is a 45.0% upside from current levels. In a report issued on April 27, BMO Capital also initiated coverage with a Buy rating on the stock with a $42.00 price target.
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