Analysts Offer Insights on Consumer Cyclical Companies: Ralph Lauren (RL) and DraftKings (DKNG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ralph Lauren (RL – Research Report) and DraftKings (DKNG – Research Report) with bullish sentiments.
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Ralph Lauren (RL)
UBS analyst Jay Sole reiterated a Buy rating on Ralph Lauren today and set a price target of $477.00. The company’s shares closed last Monday at $354.13.
According to TipRanks.com, Sole is a 4-star analyst with an average return of
Currently, the analyst consensus on Ralph Lauren is a Strong Buy with an average price target of $417.17, implying a 17.8% upside from current levels. In a report issued on February 19, TipRanks – Google also reiterated a Buy rating on the stock with a $420.00 price target.
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DraftKings (DKNG)
Oppenheimer analyst Jed Kelly maintained a Buy rating on DraftKings today and set a price target of $35.00. The company’s shares closed last Monday at $23.82.
According to TipRanks.com, Kelly 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 DraftKings with a $35.05 average price target, a 50.7% 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.
