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Analysts Are Bullish on Top Consumer Cyclical Stocks: Carvana Co (CVNA), Legacy Housing (LEGH)

Tipranks - Sat Mar 14, 10:26AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Carvana Co (CVNAResearch Report) and Legacy Housing (LEGHResearch Report) with bullish sentiments.

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Carvana Co (CVNA)

William Blair analyst Sharon Zackfia reiterated a Buy rating on Carvana Co today. The company’s shares closed last Friday at $294.60.

According to TipRanks.com, Zackfia is a 3-star analyst with an average return of 2.9% and a 40.4% success rate. Zackfia covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, Birkenstock Holding plc, and OneSpaWorld Holdings. ;'>

Currently, the analyst consensus on Carvana Co is a Strong Buy with an average price target of $449.94, representing a 50.4% upside. In a report issued on March 3, Morgan Stanley also maintained a Buy rating on the stock with a $450.00 price target.

See the top stocks recommended by analysts >>

Legacy Housing (LEGH)

Lake Street analyst Mark Smith maintained a Buy rating on Legacy Housing today and set a price target of $28.00. The company’s shares closed last Friday at $18.70.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 5.8% and a 42.4% success rate. Smith covers the NA sector, focusing on stocks such as The ONE Group Hospitality, American Outdoor Brands, and Red Robin Gourmet. ;'>

Currently, the analyst consensus on Legacy Housing is a Moderate Buy with an average price target of $28.00.

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