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Analysts Offer Insights on Consumer Cyclical Companies: Darden Restaurants (DRI) and Chewy (CHWY)

Tipranks - Fri Mar 20, 3:34PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Darden Restaurants (DRI) and Chewy (CHWY).

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Darden Restaurants (DRI)

TD Cowen analyst Andrew Charles maintained a Hold rating on Darden Restaurants today and set a price target of $215.00. The company’s shares closed last Thursday at $204.15, close to its 52-week high of $211.00.

According to TipRanks.com, Charles is a 4-star analyst with an average return of 6.2% and a 49.3% success rate. Charles covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Brinker International. ;'>

Currently, the analyst consensus on Darden Restaurants is a Strong Buy with an average price target of $228.93, implying a 17.0% upside from current levels. In a report issued on March 5, TipRanks – DeepSeek also downgraded the stock to Hold with a $227.00 price target.

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Chewy (CHWY)

In a report released today, Dylan Carden from William Blair maintained a Buy rating on Chewy. The company’s shares closed last Thursday at $24.27.

According to TipRanks.com, Carden is a 3-star analyst with an average return of 4.4% and a 45.6% success rate. Carden covers the NA sector, focusing on stocks such as Savers Value Village Inc., National Vision Holdings, and Brilliant Earth Group. ;'>

Chewy has an analyst consensus of Strong Buy, with a price target consensus of $44.56, implying an 85.3% upside from current levels. In a report issued on March 5, Barclays also maintained a Buy rating on the stock with a $48.00 price target.

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