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Analysts Offer Insights on Consumer Cyclical Companies: RealReal (REAL), Carvana Co (CVNA) and Wendy’s (WEN)

Tipranks - Tue May 12, 5:16AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on RealReal (REAL), Carvana Co (CVNA) and Wendy’s (WEN).

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RealReal (REAL)

Wells Fargo analyst Ike Boruchow reiterated a Buy rating on RealReal on May 9 and set a price target of $20.00. The company’s shares closed last Friday at $10.26, close to its 52-week high of $11.38.

According to TipRanks.com, Boruchow is a 3-star analyst with an average return of 0.7% and a 46.6% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Lululemon Athletica. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for RealReal with a $16.86 average price target, which is a 64.3% upside from current levels. In a report issued on May 8, TipRanks – Google also upgraded the stock to Buy with a $14.00 price target.

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Carvana Co (CVNA)

Citi analyst Ronald Josey reiterated a Buy rating on Carvana Co today and set a price target of $93.00. The company’s shares closed last Friday at $77.94, close to its 52-week low of $67.61.

According to TipRanks.com, Josey is a 4-star analyst with an average return of 4.0% and a 52.0% success rate. Josey covers the NA sector, focusing on stocks such as Getty Images Holdings, Zillow Group Class A, and Fiverr International. ;'>

Carvana Co has an analyst consensus of Strong Buy, with a price target consensus of $405.82, implying a 400.8% upside from current levels. In a report issued on April 27, TipRanks – Google also upgraded the stock to Buy with a $450.00 price target.

Wendy’s (WEN)

BTIG analyst Peter Saleh maintained a Hold rating on Wendy’s yesterday. The company’s shares closed last Friday at $7.30.

According to TipRanks.com, Saleh is a 5-star analyst with an average return of 9.2% and a 59.8% success rate. Saleh covers the NA sector, focusing on stocks such as Darden Restaurants, Texas Roadhouse, and Domino’s Pizza. ;'>

Wendy’s has an analyst consensus of Hold, with a price target consensus of $7.36, which is a 2.5% upside from current levels. In a report issued on May 7, Oppenheimer also maintained a Hold rating on the stock.

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