This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Cyclical Companies: GoodYear Tire (GT), DoorDash (DASH) and Dutch Bros Inc (BROS)

Tipranks - Fri May 8, 7:40AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on GoodYear Tire (GT), DoorDash (DASH) and Dutch Bros Inc (BROS).

Claim 55% Off TipRanks

GoodYear Tire (GT)

Morgan Stanley analyst Javier Martinez Olcoz Cerdan maintained a Sell rating on GoodYear Tire today and set a price target of $6.60. The company’s shares closed last Wednesday at $7.30, close to its 52-week low of $7.27.

According to TipRanks.com, Cerdan is a 3-star analyst with an average return of 1.8% and a 54.4% success rate. Cerdan covers the NA sector, focusing on stocks such as Continental Aktiengesellschaft, Arcos Dorados Holdings, and Mercedes-Benz Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GoodYear Tire with a $8.92 average price target.

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

DoorDash (DASH)

Oppenheimer analyst Jason Helfstein maintained a Buy rating on DoorDash today and set a price target of $235.00. The company’s shares closed last Wednesday at $167.97.

According to TipRanks.com, Helfstein is a 1-star analyst with an average return of -1.0% and a 42.9% success rate. Helfstein covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Angel Studios Inc Class A, and Reddit Inc Class A. ;'>

Currently, the analyst consensus on DoorDash is a Strong Buy with an average price target of $245.86, implying a 46.1% upside from current levels. In a report issued on April 27, TD Cowen also initiated coverage with a Buy rating on the stock with a $225.00 price target.

Dutch Bros Inc (BROS)

Oppenheimer analyst Brian Bittner reiterated a Buy rating on Dutch Bros Inc today and set a price target of $72.00. The company’s shares closed last Wednesday at $59.06.

According to TipRanks.com, Bittner is a 4-star analyst with an average return of 5.8% and a 59.8% success rate. Bittner covers the NA sector, focusing on stocks such as Restaurant Brands International, Papa John’s International, and Cheesecake Factory. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dutch Bros Inc with a $75.24 average price target, implying a 29.0% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $65.00 price target.

Read More on GT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.