Analysts Offer Insights on Consumer Cyclical Companies: Carvana Co (CVNA), SharkNinja, Inc. (SN) and Shake Shack (SHAK)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Carvana Co (CVNA), SharkNinja, Inc. (SN) and Shake Shack (SHAK) with bullish sentiments.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
Carvana Co (CVNA)
J.P. Morgan analyst Rajat Gupta CFA maintained a Buy rating on Carvana Co yesterday. The company’s shares closed last Wednesday at $69.03, close to its 52-week low of $67.61.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carvana Co with a $85.21 average price target, representing a 22.9% upside. In a report issued on July 20, Morgan Stanley also maintained a Buy rating on the stock with a $102.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
SharkNinja, Inc. (SN)
William Blair analyst Phillip Blee reiterated a Buy rating on SharkNinja, Inc. today. The company’s shares closed last Wednesday at $178.00.
According to TipRanks.com, Blee is a 4-star analyst with an average return of
SharkNinja, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $169.90, representing a 0.4% upside. In a report issued on July 29, Piper Sandler also maintained a Buy rating on the stock with a $181.00 price target.
Shake Shack (SHAK)
In a report released today, Sharon Zackfia from William Blair maintained a Buy rating on Shake Shack. The company’s shares closed last Wednesday at $73.50.
According to TipRanks.com, Zackfia is a 3-star analyst with an average return of
Currently, the analyst consensus on Shake Shack is a Moderate Buy with an average price target of $80.45, which is a 20.1% upside from current levels. In a report issued on July 31, Mizuho Securities also maintained a Buy rating on the stock with a $80.00 price target.
Read More on CVNA:
Disclaimer & DisclosureReport an Issue
- Carvana: Buy Rating Reaffirmed as Digital-Only Model Strengthens and $87 Price Target Maintained
- Carvana price target lowered to $80 from $91 at Deutsche Bank
- Carvana price target lowered to $83 from $104 at UBS
- Carvana price target lowered to $90 from $93 at Citi
- Carvana price target lowered to $93 from $94 at Barclays
