Analysts’ Top Consumer Cyclical Picks: Maplebear (CART), Somnigroup International (SGI)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Maplebear (CART) and Somnigroup International (SGI) with bullish sentiments.
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Maplebear (CART)
In a report released today, Nikhil Devnani from Bernstein maintained a Buy rating on Maplebear, with a price target of $50.00. The company’s shares closed last Monday at $39.98.
According to TipRanks.com, Devnani is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maplebear with a $50.06 average price target, which is a 27.9% upside from current levels. In a report issued on March 30, Jefferies also upgraded the stock to Buy with a $45.00 price target.
See the top stocks recommended by analysts >>
Somnigroup International (SGI)
Truist Financial analyst Keith Hughes maintained a Buy rating on Somnigroup International today. The company’s shares closed last Monday at $79.88.
According to TipRanks.com, Hughes is a 5-star analyst with an average return of
Currently, the analyst consensus on Somnigroup International is a Strong Buy with an average price target of $99.50, which is a 30.2% upside from current levels. In a report issued on March 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $78.00 price target.
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