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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: CAVA Group, Inc. (CAVA), Westport Fuel Systems (WPRT) and Fossil Group (FOSL)

Tipranks - Fri Aug 14, 6:16AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on CAVA Group, Inc. (CAVA), Westport Fuel Systems (WPRT) and Fossil Group (FOSL).

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CAVA Group, Inc. (CAVA)

In a report released yesterday, Gregory Francfort from Guggenheim reiterated a Buy rating on CAVA Group, Inc., with a price target of $95.00. The company’s shares closed last Wednesday at $69.47, close to its 52-week low of $58.22.

According to TipRanks.com, Francfort is a 4-star analyst with an average return of 7.5% and a 64.8% success rate. Francfort covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Darden Restaurants. ;'>

CAVA Group, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $91.55, which is a 31.8% upside from current levels. In a report issued on July 29, TipRanks – xAI also upgraded the stock to Buy with a $72.00 price target.

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Westport Fuel Systems (WPRT)

In a report released yesterday, Chris Dendrinos from RBC Capital maintained a Hold rating on Westport Fuel Systems, with a price target of $1.00. The company’s shares closed last Wednesday at $1.82.

According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of 47.2% and a 53.4% success rate. Dendrinos covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies. ;'>

Westport Fuel Systems has an analyst consensus of Moderate Buy, with a price target consensus of $4.00, representing a 136.7% upside. In a report issued on July 29, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a C$2.50 price target.

Fossil Group (FOSL)

Northland Securities analyst Owen Rickert assigned a Buy rating to Fossil Group today and set a price target of $8.00. The company’s shares closed last Wednesday at $5.27.

According to TipRanks.com, Rickert is a 4-star analyst with an average return of 10.8% and a 56.6% success rate. Rickert covers the NA sector, focusing on stocks such as Savers Value Village Inc., Life Time Group Holdings, and Barnes & Noble Education. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fossil Group with a $7.50 average price target, implying a 42.6% upside from current levels. In a report issued on August 4, Maxim Group also reiterated a Buy rating on the stock with a $7.00 price target.

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