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 JD (JD) and Gambling.com (GAMB) with bullish sentiments.
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JD (JD)
DBS analyst Andy Yu CFA maintained a Buy rating on JD today and set a price target of $36.00. The company’s shares closed last Tuesday at $31.25.
According to TipRanks.com, CFA is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JD with a $35.50 average price target, which is a 19.7% upside from current levels. In a report released yesterday, Macquarie also upgraded the stock to Buy.
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Gambling.com (GAMB)
In a report released today, David Katz from Jefferies reiterated a Buy rating on Gambling.com, with a price target of $7.00. The company’s shares closed last Tuesday at $3.67.
According to TipRanks.com, Katz is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gambling.com with a $7.10 average price target, representing a 92.4% upside. In a report issued on April 9, Stifel Nicolaus also assigned a Buy rating to the stock with a $6.00 price target.
Read More on JD:
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- JD.com upgraded to Outperform at Macquarie on improving earnings visibility
- JD.com upgraded to Outperform from Neutral at Macquarie
- JD.com price target raised to $41 from $34 at Barclays
- JD.com price target raised to $36 from $35 at Citi
- Option traders moderately bearish in JD.com with shareslittle changed
