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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Global-e Online (GLBE), Carvana Co (CVNA) and Genting Singapore (OtherGIGNF)

Tipranks - Fri May 15, 7:24AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Global-e Online (GLBE), Carvana Co (CVNA) and Genting Singapore (GIGNF).

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Global-e Online (GLBE)

Goldman Sachs analyst Will Nance maintained a Buy rating on Global-e Online yesterday and set a price target of $45.00. The company’s shares closed last Wednesday at $27.54.

According to TipRanks.com, Nance has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.5% and a 42.1% success rate. Nance covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Paymentus Holdings. ;'>

Currently, the analyst consensus on Global-e Online is a Strong Buy with an average price target of $44.00, a 53.3% upside from current levels. In a report issued on April 28, TipRanks – Google also upgraded the stock to Buy with a $35.00 price target.

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Carvana Co (CVNA)

In a report released yesterday, Rajat Gupta CFA from J.P. Morgan maintained a Buy rating on Carvana Co, with a price target of $93.00. The company’s shares closed last Wednesday at $69.90, close to its 52-week low of $67.61.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 10.2% and a 54.1% success rate. CFA covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carvana Co with a $367.22 average price target, representing a 401.0% upside. In a report issued on April 29, TipRanks – Google also upgraded the stock to Buy with a $447.00 price target.

Genting Singapore (GIGNF)

J.P. Morgan analyst Ds Kim downgraded Genting Singapore to Sell yesterday and set a price target of S$0.60. The company’s shares closed last Wednesday at $0.51.

According to TipRanks.com, Kim is ranked #3225 out of 12246 analysts.

Currently, the analyst consensus on Genting Singapore is a Hold with an average price target of $0.57.

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