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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Tipranks - Tue Apr 7, 11:46AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Gap Inc (GAP) and Aptera Motors Corp. Class B (SEV) with bullish sentiments.

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Gap Inc (GAP)

In a report issued on April 2, Christine Dooley from Argus Research maintained a Buy rating on Gap Inc. The company’s shares closed last Monday at $25.10.

According to TipRanks.com, Dooley is a 4-star analyst with an average return of 11.1% and a 77.3% success rate. Dooley covers the NA sector, focusing on stocks such as Abercrombie Fitch, CAVA Group, Inc., and Cracker Barrel. ;'>

Gap Inc has an analyst consensus of Strong Buy, with a price target consensus of $32.09, implying a 29.7% upside from current levels. In a report issued on March 25, J.P. Morgan also maintained a Buy rating on the stock with a $35.00 price target.

See today’s best-performing stocks on TipRanks >>

Aptera Motors Corp. Class B (SEV)

Alliance Global Partners analyst Poe Fratt maintained a Buy rating on Aptera Motors Corp. Class B on April 2 and set a price target of $10.00. The company’s shares closed last Monday at $2.74, close to its 52-week low of $1.29.

According to TipRanks.com, Fratt is a top 100 analyst with an average return of 35.0% and a 57.0% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Pangaea Logistics Solutions, Performance Shipping, and Genco Shipping. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aptera Motors Corp. Class B with a $10.00 average price target.

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