Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Global-e Online (GLBE) and Modine (MOD) with bullish sentiments.
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Global-e Online (GLBE)
In a report released yesterday, Will Nance from Goldman Sachs maintained a Buy rating on Global-e Online, with a price target of $45.00. The company’s shares closed last Wednesday at $29.10, close to its 52-week low of $28.11.
According to TipRanks.com, Nance is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Global-e Online with a $42.88 average price target, representing a 46.6% upside. In a report issued on May 12, TipRanks – Google also upgraded the stock to Buy with a $33.00 price target.
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Modine (MOD)
In a report released today, Matt Summerville from D.A. Davidson reiterated a Buy rating on Modine. The company’s shares closed last Wednesday at $272.28.
According to TipRanks.com, Summerville is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Modine with a $306.80 average price target, implying a 1.7% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $336.00 price target.
Read More on GLBE:
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- Global-e Online price target lowered to $34 from $37 at Truist
- Passport deal strengthens Global-e’s competitive positioning, says Jefferies
- Global-e to Acquire Passport for $350 Million to Bolster Cross-Border Logistics
- Global-e Online enters agreement to acquire Passport Global
- Global-e Online price target lowered to $40 from $43 at BofA
