Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Dick’s Sporting Goods (DKS – Research Report) and Ulta Beauty (ULTA – Research Report) with bullish sentiments.
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Dick’s Sporting Goods (DKS)
In a report released today, Simeon Gutman from Morgan Stanley reiterated a Buy rating on Dick’s Sporting Goods, with a price target of $250.00. The company’s shares closed last Thursday at $197.60.
According to TipRanks.com, Gutman 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 $246.55, a 20.5% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $215.00 price target.
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Ulta Beauty (ULTA)
J.P. Morgan analyst Christopher Horvers maintained a Buy rating on Ulta Beauty today and set a price target of $750.00. The company’s shares closed last Thursday at $624.70.
According to TipRanks.com, Horvers is a 5-star analyst with an average return of
Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $718.94, which is a 10.3% upside from current levels. In a report issued on March 5, Piper Sandler also maintained a Buy rating on the stock with a $775.00 price target.
