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Analysts Offer Insights on Consumer Cyclical Companies: Steven Madden (SHOO) and Maplebear (CART)

Tipranks - Fri May 8, 11:56AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Steven Madden (SHOO) and Maplebear (CART) with bullish sentiments.

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Steven Madden (SHOO)

Williams Trading analyst Sam Poser maintained a Buy rating on Steven Madden today and set a price target of $52.00. The company’s shares closed last Thursday at $40.07.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 17.3% and a 52.0% success rate. Poser covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Shoe Carnival. ;'>

Steven Madden has an analyst consensus of Strong Buy, with a price target consensus of $47.43, representing a 18.3% upside. In a report released yesterday, Citi also initiated coverage with a Buy rating on the stock with a $45.00 price target.

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Maplebear (CART)

Jefferies analyst John Colantuoni maintained a Buy rating on Maplebear today and set a price target of $48.00. The company’s shares closed last Thursday at $38.26.

Colantuoni has an average return of 16.4% when recommending Maplebear. ;'>

According to TipRanks.com, Colantuoni is ranked #2247 out of 12228 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maplebear with a $50.32 average price target, representing a 24.0% upside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $51.00 price target.

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