Analysts Are Bullish on These Consumer Cyclical Stocks: Ulta Beauty (ULTA), Darden Restaurants (DRI)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ulta Beauty (ULTA – Research Report) and Darden Restaurants (DRI – Research Report) with bullish sentiments.
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Ulta Beauty (ULTA)
Barclays analyst Adrienne Yih maintained a Buy rating on Ulta Beauty today and set a price target of $712.00. The company’s shares closed last Thursday at $624.70.
According to TipRanks.com, Yih 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 Ulta Beauty with a $730.71 average price target, a 12.1% 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.
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Darden Restaurants (DRI)
In a report released today, Jeff Bernstein from Barclays maintained a Buy rating on Darden Restaurants, with a price target of $227.00. The company’s shares closed last Thursday at $198.43.
According to TipRanks.com, Bernstein is a 4-star analyst with an average return of
Currently, the analyst consensus on Darden Restaurants is a Moderate Buy with an average price target of $223.61, representing an 11.0% upside. In a report issued on March 10, KeyBanc also maintained a Buy rating on the stock with a $225.00 price target.
