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Analysts Are Bullish on These Consumer Cyclical Stocks: Boyd Gaming (BYD), Starbucks (SBUX)

Tipranks - Fri Jan 23, 4:32PM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Boyd Gaming (BYDResearch Report) and Starbucks (SBUXResearch Report) with bullish sentiments.

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Boyd Gaming (BYD)

In a report released today, Shaun Kelley from Bank of America Securities maintained a Buy rating on Boyd Gaming. The company’s shares closed last Thursday at $85.09.

According to TipRanks.com, Kelley is a 4-star analyst with an average return of 3.0% and a 52.8% success rate. Kelley covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Marriott International, and Caesars Entertainment. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boyd Gaming with a $94.25 average price target, implying a 10.1% upside from current levels. In a report issued on January 13, Truist Financial also maintained a Buy rating on the stock with a $110.00 price target.

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Starbucks (SBUX)

William Blair analyst Sharon Zackfia upgraded Starbucks to Buy today. The company’s shares closed last Thursday at $95.83.

According to TipRanks.com, Zackfia is a 4-star analyst with an average return of 8.4% and a 49.7% success rate. Zackfia covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, Birkenstock Holding plc, and OneSpaWorld Holdings. ;'>

Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $97.24, a 0.8% upside from current levels. In a report issued on January 7, Barclays also maintained a Buy rating on the stock with a $110.00 price target.

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