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Analysts Offer Insights on Consumer Cyclical Companies: Somnigroup International (SGI) and Cheesecake Factory (CAKE)

Tipranks - Fri Feb 20, 7:32AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Somnigroup International (SGIResearch Report) and Cheesecake Factory (CAKEResearch Report) with bullish sentiments.

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Somnigroup International (SGI)

In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on Somnigroup International. The company’s shares closed last Wednesday at $90.12.

According to TipRanks.com, Hughes is a top 100 analyst with an average return of 21.3% and a 68.7% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Somnigroup International with a $99.50 average price target, representing a 15.4% upside. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $109.00 price target.

See the top stocks recommended by analysts >>

Cheesecake Factory (CAKE)

In a report released today, Brian Bittner from Oppenheimer reiterated a Buy rating on Cheesecake Factory, with a price target of $68.00. The company’s shares closed last Wednesday at $64.07.

According to TipRanks.com, Bittner is a 4-star analyst with an average return of 6.2% and a 60.4% success rate. Bittner covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and Jack In The Box. ;'>

Currently, the analyst consensus on Cheesecake Factory is a Hold with an average price target of $63.64, implying a 2.1% upside from current levels. In a report issued on February 9, Citi also maintained a Buy rating on the stock with a $72.00 price target.

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