This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Cheesecake Factory (CAKE) and Deckers Outdoor (DECK)

Tipranks - Fri Jul 3, 4:54AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Cheesecake Factory (CAKE) and Deckers Outdoor (DECK).

4th of July Sale - 70% Off

Cheesecake Factory (CAKE)

Bank of America Securities analyst Sara Senatore reiterated a Hold rating on Cheesecake Factory yesterday and set a price target of $79.00. The company’s shares closed last Wednesday at $79.64.

According to TipRanks.com, Senatore is a 2-star analyst with an average return of 0.6% and a 49.3% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

Cheesecake Factory has an analyst consensus of Hold, with a price target consensus of $66.85, a -16.0% downside from current levels. In a report issued on June 16, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $80.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Deckers Outdoor (DECK)

In a report released yesterday, Paul Lejuez from Citi assigned a Buy rating to Deckers Outdoor, with a price target of $135.00. The company’s shares closed last Wednesday at $100.33.

According to TipRanks.com, Lejuez is a 5-star analyst with an average return of 11.1% and a 58.3% success rate. Lejuez covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, National Vision Holdings, and Birkenstock Holding plc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deckers Outdoor with a $126.67 average price target.

Read More on CAKE:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.