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Analysts Conflicted on These Consumer Cyclical Names: DraftKings (DKNG), McDonald’s (MCD) and Steven Madden (SHOO)

Tipranks - Sat Jun 13, 5:00AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on DraftKings (DKNG), McDonald’s (MCD) and Steven Madden (SHOO).

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DraftKings (DKNG)

In a report released today, Trey Bowers from Wells Fargo maintained a Buy rating on DraftKings, with a price target of $32.00. The company’s shares closed last Thursday at $30.02, close to its 52-week low of $28.69.

According to TipRanks.com, Bowers is a 1-star analyst with an average return of -2.1% and a 55.4% success rate. Bowers covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Hilton Grand Vacations, and Marriott International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $35.77 average price target, a 23.1% upside from current levels. In a report issued on June 4, UBS also maintained a Buy rating on the stock with a $49.00 price target.

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McDonald’s (MCD)

TD Cowen analyst Andrew Charles maintained a Hold rating on McDonald’s today and set a price target of $300.00. The company’s shares closed last Thursday at $284.77.

According to TipRanks.com, Charles is a 4-star analyst with an average return of 6.9% and a 51.7% success rate. Charles covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Brinker International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for McDonald’s with a $330.84 average price target.

Steven Madden (SHOO)

Needham analyst Tom Nikic assigned a Buy rating to Steven Madden today and set a price target of $52.00. The company’s shares closed last Thursday at $45.89, close to its 52-week high of $50.01.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 8.2% and a 53.4% success rate. Nikic covers the NA sector, focusing on stocks such as Wolverine World Wide, Lululemon Athletica, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Steven Madden with a $48.71 average price target, implying a 9.0% upside from current levels. In a report issued on June 4, Telsey Advisory also maintained a Buy rating on the stock with a $50.00 price target.

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