Analysts Are Bullish on Top Consumer Cyclical Stocks: General Motors (GM), CarGurus (CARG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on General Motors (GM) and CarGurus (CARG) with bullish sentiments.
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General Motors (GM)
In a report released today, Daniel Ives from Wedbush maintained a Buy rating on General Motors, with a price target of $95.00. The company’s shares closed last Friday at $78.80.
According to TipRanks.com, Ives is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $96.29 average price target, representing a 21.7% upside. In a report issued on April 28, Mizuho Securities also maintained a Buy rating on the stock with a $100.00 price target.
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CarGurus (CARG)
In a report issued on May 8, Brad Erickson from RBC Capital maintained a Buy rating on CarGurus, with a price target of $35.00. The company’s shares closed last Friday at $34.75.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of
CarGurus has an analyst consensus of Moderate Buy, with a price target consensus of $38.50, representing a 1.0% upside. In a report issued on April 23, TipRanks – xAI also upgraded the stock to Buy with a $42.00 price target.
Read More on GM:
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