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Analysts Offer Insights on Consumer Cyclical Companies: Pattern Group, Inc. Class A (PTRN), Maplebear (CART) and BorgWarner (BWA)

Tipranks - Fri May 8, 3:56PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Pattern Group, Inc. Class A (PTRN), Maplebear (CART) and BorgWarner (BWA).

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Pattern Group, Inc. Class A (PTRN)

BMO Capital analyst Brian Pitz maintained a Buy rating on Pattern Group, Inc. Class A today and set a price target of $26.00. The company’s shares closed last Thursday at $16.95.

According to TipRanks.com, Pitz is a 5-star analyst with an average return of 13.5% and a 63.0% success rate. Pitz covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, DoubleVerify Holdings, and Alphabet Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pattern Group, Inc. Class A with a $22.14 average price target, which is a 49.7% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.

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Maplebear (CART)

Morgan Stanley analyst Brian Nowak maintained a Hold rating on Maplebear today and set a price target of $48.00. The company’s shares closed last Thursday at $37.99.

According to TipRanks.com, Nowak is a 4-star analyst with an average return of 6.3% and a 57.8% success rate. Nowak covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Meta Platforms. ;'>

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 issued on April 23, TipRanks – xAI also downgraded the stock to Hold with a $47.00 price target.

BorgWarner (BWA)

Bank of America Securities analyst Alexander Perry maintained a Hold rating on BorgWarner today. The company’s shares closed last Thursday at $58.18.

According to TipRanks.com, Perry is a 1-star analyst with an average return of -2.6% and a 37.5% success rate. Perry covers the NA sector, focusing on stocks such as Penske Automotive Group, Magna International, and Group 1 Automotive. ;'>

Currently, the analyst consensus on BorgWarner is a Moderate Buy with an average price target of $70.73, which is a 18.4% upside from current levels. In a report issued on May 1, TipRanks – xAI also downgraded the stock to Hold with a $58.00 price target.

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