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Analysts Are Bullish on These Consumer Cyclical Stocks: DraftKings (DKNG), MillerKnoll (MLKN)

Tipranks - Wed Mar 4, 5:42AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on DraftKings (DKNGResearch Report) and MillerKnoll (MLKNResearch Report) with bullish sentiments.

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DraftKings (DKNG)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on DraftKings, with a price target of $35.00. The company’s shares closed last Monday at $23.82.

According to TipRanks.com, McTernan is a 2-star analyst with an average return of 0.1% and a 41.7% success rate. McTernan covers the NA sector, focusing on stocks such as Genius Sports Limited, Zillow Group Class C, and Fiverr International. ;'>

Currently, the analyst consensus on DraftKings is a Strong Buy with an average price target of $34.83, implying a 49.7% upside from current levels. In a report issued on February 16, Wells Fargo also maintained a Buy rating on the stock with a $30.00 price target.

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MillerKnoll (MLKN)

In a report released today, Phillip Blee from William Blair maintained a Buy rating on MillerKnoll. The company’s shares closed last Monday at $20.05, close to its 52-week low of $17.83.

According to TipRanks.com, Blee is a 4-star analyst with an average return of 11.7% and a 58.9% success rate. Blee covers the NA sector, focusing on stocks such as Somnigroup International, Driven Brands Holdings, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MillerKnoll.

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