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Analysts Offer Insights on Consumer Cyclical Companies: Darden Restaurants (DRI), Burlington Stores (BURL) and Citi Trends (CTRN)

Tipranks - Wed Mar 18, 8:54AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Darden Restaurants (DRIResearch Report), Burlington Stores (BURLResearch Report) and Citi Trends (CTRNResearch Report) with bullish sentiments.

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Darden Restaurants (DRI)

Evercore ISI analyst David Palmer maintained a Buy rating on Darden Restaurants today and set a price target of $225.00. The company’s shares closed last Tuesday at $209.64, close to its 52-week high of $211.00.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 4.2% and a 57.8% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and The Hershey Company. ;'>

Darden Restaurants has an analyst consensus of Moderate Buy, with a price target consensus of $225.94, an 8.6% upside from current levels. In a report issued on March 10, KeyBanc also maintained a Buy rating on the stock with a $225.00 price target.

See the top stocks recommended by analysts >>

Burlington Stores (BURL)

Bank of America Securities analyst Lorraine Hutchinson maintained a Buy rating on Burlington Stores today. The company’s shares closed last Tuesday at $310.00.

According to TipRanks.com, Hutchinson is a 3-star analyst with an average return of 1.3% and a 50.0% success rate. Hutchinson covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Levi Strauss & Co. ;'>

Currently, the analyst consensus on Burlington Stores is a Strong Buy with an average price target of $369.20, implying a 21.4% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $331.00 price target.

Citi Trends (CTRN)

Craig-Hallum analyst Jeremy Hamblin maintained a Buy rating on Citi Trends today. The company’s shares closed last Tuesday at $52.11.

According to TipRanks.com, Hamblin is a 4-star analyst with an average return of 7.6% and a 47.7% success rate. Hamblin covers the NA sector, focusing on stocks such as Lucky Strike Entertainment, Savers Value Village Inc., and Red Robin Gourmet. ;'>

Citi Trends has an analyst consensus of Moderate Buy.

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