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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: thredUP (TDUP), Home Depot (HD) and Allison Transmission Holdings (ALSN)

Tipranks - Wed May 6, 5:32AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on thredUP (TDUP), Home Depot (HD) and Allison Transmission Holdings (ALSN).

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thredUP (TDUP)

TD Cowen analyst Oliver Chen reiterated a Buy rating on thredUP today and set a price target of $5.70. The company’s shares closed last Monday at $4.37.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 3.1% and a 49.4% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Brilliant Earth Group, and Ermenegildo Zegna. ;'>

Currently, the analyst consensus on thredUP is a Strong Buy with an average price target of $8.84, a 99.5% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.

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Home Depot (HD)

Home Depot received a Buy rating and a $374.00 price target from Bank of America Securities analyst Christopher Nardone today. The company’s shares closed last Monday at $312.42.

According to TipRanks.com, Nardone is a 4-star analyst with an average return of 14.0% and a 58.9% success rate. Nardone covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Tractor Supply, and Lowe’s. ;'>

Currently, the analyst consensus on Home Depot is a Strong Buy with an average price target of $421.76, representing a 30.9% upside. In a report issued on April 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $364.00 price target.

Allison Transmission Holdings (ALSN)

Morgan Stanley analyst Angel Castillo reiterated a Hold rating on Allison Transmission Holdings today and set a price target of $117.00. The company’s shares closed last Monday at $129.04.

According to TipRanks.com, Castillo is a 2-star analyst with an average return of 0.0% and a 52.1% success rate. Castillo covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, WillScot Mobile Mini Holdings, and Lincoln Electric Holdings. ;'>

Currently, the analyst consensus on Allison Transmission Holdings is a Hold with an average price target of $122.40, representing a -6.2% downside. In a report issued on April 26, TipRanks – Anthropic also downgraded the stock to Hold with a $148.00 price target.

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