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Analysts’ Top Consumer Cyclical Picks: Sea (SE), Amazon (AMZN)

Tipranks - Thu Aug 13, 4:40AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Sea (SE), Amazon (AMZN) and CAVA Group, Inc. (CAVA) with bullish sentiments.

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Sea (SE)

In a report released yesterday, Sachin Salgaonkar from Bank of America Securities reiterated a Buy rating on Sea, with a price target of $143.00. The company’s shares closed last Tuesday at $131.51.

Salgaonkar has an average return of 18.5% when recommending Sea. ;'>

According to TipRanks.com, Salgaonkar is ranked #2531 out of 12469 analysts.

Sea has an analyst consensus of Strong Buy, with a price target consensus of $147.40, implying a 15.3% upside from current levels. In a report released today, DBS also maintained a Buy rating on the stock with a $148.00 price target.

See the top stocks recommended by analysts >>

Amazon (AMZN)

Bank of America Securities analyst Justin Post reiterated a Buy rating on Amazon today and set a price target of $320.00. The company’s shares closed last Tuesday at $272.27.

According to TipRanks.com, Post is a 5-star analyst with an average return of 22.5% and a 66.5% success rate. Post covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Alphabet Class C. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $332.95 average price target, implying a 19.5% upside from current levels. In a report issued on July 31, TipRanks – OpenAI also upgraded the stock to Buy with a $265.00 price target.

CAVA Group, Inc. (CAVA)

In a report released yesterday, Sara Senatore from Bank of America Securities reiterated a Buy rating on CAVA Group, Inc., with a price target of $110.00. The company’s shares closed last Tuesday at $60.81, close to its 52-week low of $58.22.

According to TipRanks.com, Senatore is a 1-star analyst with an average return of -0.3% and a 47.6% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

CAVA Group, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $92.06, representing a 49.7% upside. In a report issued on July 27, TipRanks – xAI also upgraded the stock to Buy with a $69.00 price target.

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