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Analysts Are Bullish on These Consumer Cyclical Stocks: Floor & Decor Holdings (FND), DraftKings (DKNG)

Tipranks - Wed May 13, 8:28AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Floor & Decor Holdings (FND), DraftKings (DKNG) and United Parks & Resorts (PRKS) with bullish sentiments.

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Floor & Decor Holdings (FND)

In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on Floor & Decor Holdings. The company’s shares closed last Monday at $48.76.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 17.6% and a 60.5% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

Currently, the analyst consensus on Floor & Decor Holdings is a Moderate Buy with an average price target of $56.80, implying an 11.8% upside from current levels. In a report issued on May 1, Telsey Advisory also maintained a Buy rating on the stock with a $61.00 price target.

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DraftKings (DKNG)

Truist Financial analyst Barry Jonas reiterated a Buy rating on DraftKings today. The company’s shares closed last Monday at $24.51.

According to TipRanks.com, Jonas is a 3-star analyst with an average return of 1.4% and a 43.0% success rate. Jonas covers the NA sector, focusing on stocks such as Monarch Casino & Resort, Inspired Entertainment, and Caesars Entertainment. ;'>

DraftKings has an analyst consensus of Strong Buy, with a price target consensus of $34.46, implying a 36.9% upside from current levels. In a report issued on May 9, TipRanks – PerPlexity also upgraded the stock to Buy with a $29.00 price target.

United Parks & Resorts (PRKS)

In a report released today, Patrick Scholes from Truist Financial maintained a Buy rating on United Parks & Resorts. The company’s shares closed last Monday at $36.53.

According to TipRanks.com, Scholes is a 4-star analyst with an average return of 7.4% and a 55.0% success rate. Scholes covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Parks & Resorts with a $42.67 average price target, a 7.2% upside from current levels. In a report issued on May 8, Mizuho Securities also upgraded the stock to Buy with a $47.00 price target.

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