Analysts Offer Insights on Consumer Cyclical Companies: Expedia (EXPE) and Hanesbrands (HBI)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Expedia (EXPE – Research Report) and Hanesbrands (HBI – Research Report) with bullish sentiments.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Expedia (EXPE)

In a report issued on October 10, Justin Post from Bank of America Securities maintained a Buy rating on Expedia, with a price target of $240.00. The company’s shares closed last Friday at $210.33.

According to TipRanks.com, Post is a top 100 analyst with an average return of 24.2% and a 69.9% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, Maplebear, and Amazon. ;'>

Currently, the analyst consensus on Expedia is a Moderate Buy with an average price target of $224.13.

See Insiders’ Hot Stocks on TipRanks >>

Hanesbrands (HBI)

In a report released today, Jay Sole from UBS maintained a Buy rating on Hanesbrands, with a price target of $9.00. The company’s shares closed last Friday at $6.74.

According to TipRanks.com, Sole is a 4-star analyst with an average return of 5.8% and a 50.1% success rate. Sole covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Burlington Stores. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Hanesbrands with a $6.70 average price target.

Read More on EXPE:

Disclaimer & DisclosureReport an Issue

• OpenAI’s ChatGPT Gets Cozy with Spotify, Zillow, Coursera, Other Apps – Their Stocks Love It
• Expedia price target raised to $212 from $211 at Wells Fargo
• Booking, Amazon, Meta, Expedia, eBay: Trending by Analysts
• Wedbush sees near-term trends more negative vs. current for Airbnb, Expedia
• Expedia initiated with a Neutral at Mizuho