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Analysts Offer Insights on Consumer Cyclical Companies: Ross Stores (ROST) and CAVA Group, Inc. (CAVA)

Tipranks - Tue Jun 16, 10:33AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ross Stores (ROST) and CAVA Group, Inc. (CAVA) with bullish sentiments.

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Ross Stores (ROST)

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Ross Stores today and set a price target of $265.00. The company’s shares closed last Monday at $237.56.

According to TipRanks.com, Telsey is a 3-star analyst with an average return of 1.2% and a 43.9% success rate. Telsey covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Brilliant Earth Group, and Wolverine World Wide. ;'>

Currently, the analyst consensus on Ross Stores is a Strong Buy with an average price target of $260.75, which is an 8.6% upside from current levels. In a report issued on June 13, Bank of America Securities also reiterated a Buy rating on the stock with a $255.00 price target.

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CAVA Group, Inc. (CAVA)

In a report released today, Sarang Vora from Telsey Advisory maintained a Buy rating on CAVA Group, Inc.. The company’s shares closed last Monday at $90.71.

According to TipRanks.com, Vora ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -15.4% and a 32.4% success rate. Vora covers the Consumer Goods sector, focusing on stocks such as Vital Farms, Coursera, and BRC. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CAVA Group, Inc. with a $93.95 average price target, a 4.2% upside from current levels. In a report issued on June 4, TipRanks – xAI also upgraded the stock to Buy with a $80.00 price target.

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