Analysts Offer Insights on Consumer Cyclical Companies: Ferrari (RACE), Dick’s Sporting Goods (DKS) and Nike (NKE)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Ferrari (RACE), Dick’s Sporting Goods (DKS) and Nike (NKE).
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Ferrari (RACE)
Citi analyst Harald Hendrikse upgraded Ferrari to Hold today. The company’s shares closed last Wednesday at $342.41.
Hendrikse has an average return of
According to TipRanks.com, Hendrikse is ranked #3820 out of 12128 analysts.
Ferrari has an analyst consensus of Strong Buy, with a price target consensus of $457.71, implying a 32.3% upside from current levels. In a report issued on March 20, TipRanks – xAI also reiterated a Hold rating on the stock with a EUR298.00 price target.
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Dick’s Sporting Goods (DKS)
In a report released today, Michael Baker from D.A. Davidson maintained a Buy rating on Dick’s Sporting Goods. The company’s shares closed last Wednesday at $191.65, close to its 52-week low of $182.84.
According to TipRanks.com, Baker is a 4-star analyst with an average return of
Dick’s Sporting Goods has an analyst consensus of Moderate Buy, with a price target consensus of $246.09, a 24.6% upside from current levels. In a report issued on March 17, Telsey Advisory also maintained a Buy rating on the stock with a $240.00 price target.
Nike (NKE)
Jefferies analyst Randal Konik maintained a Buy rating on Nike today and set a price target of $90.00. The company’s shares closed last Wednesday at $45.27.
According to TipRanks.com, Konik is a 2-star analyst with an average return of
Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $63.85, implying a 37.1% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $58.00 price target.
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