Analysts Offer Insights on Consumer Cyclical Companies: Ulta Beauty (ULTA), Pattern Group, Inc. Class A (PTRN) and EVgo (EVGO)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Ulta Beauty (ULTA – Research Report), Pattern Group, Inc. Class A (PTRN – Research Report) and EVgo (EVGO – 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 Friday at $646.34.
According to TipRanks.com, Yih is a 4-star analyst with an average return of
Ulta Beauty has an analyst consensus of Strong Buy, with a price target consensus of $719.53, which is an 11.3% 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.
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Pattern Group, Inc. Class A (PTRN)
KeyBanc analyst Justin Patterson maintained a Buy rating on Pattern Group, Inc. Class A today. The company’s shares closed last Friday at $10.80.
According to TipRanks.com, Patterson 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 Pattern Group, Inc. Class A with a $21.00 average price target, implying a 75.3% upside from current levels. In a report issued on March 6, Robert W. Baird also maintained a Buy rating on the stock with a $20.00 price target.
EVgo (EVGO)
UBS analyst Jon Windham maintained a Buy rating on EVgo on March 6 and set a price target of $5.50. The company’s shares closed last Friday at $2.21, close to its 52-week low of $1.65.
According to TipRanks.com, Windham is a 4-star analyst with an average return of
Currently, the analyst consensus on EVgo is a Strong Buy with an average price target of $5.22, implying a 136.2% upside from current levels. In a report issued on February 22, J.P. Morgan also maintained a Buy rating on the stock with a $6.00 price target.
