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Analysts Offer Insights on Consumer Cyclical Companies: Mohawk (MHK), Lear (LEA) and Churchill Downs (CHDN)

Tipranks - Wed May 6, 6:52AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mohawk (MHK), Lear (LEA) and Churchill Downs (CHDN).

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Mohawk (MHK)

In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on Mohawk, with a price target of $99.93. The company’s shares closed last Monday at $94.93.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 17.6% and a 60.4% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

Currently, the analyst consensus on Mohawk is a Hold with an average price target of $116.44, implying a 18.4% upside from current levels. In a report issued on April 27, Raymond James also maintained a Buy rating on the stock with a $140.00 price target.

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Lear (LEA)

RBC Capital analyst Tom Narayan reiterated a Hold rating on Lear yesterday and set a price target of $138.00. The company’s shares closed last Monday at $129.83.

According to TipRanks.com, Narayan is a 4-star analyst with an average return of 6.6% and a 47.1% success rate. Narayan covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mobileye Global, Inc. Class A, and Mercedes-Benz Group. ;'>

Currently, the analyst consensus on Lear is a Hold with an average price target of $144.50, a 9.7% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $133.00 price target.

Churchill Downs (CHDN)

Truist Financial analyst Barry Jonas reiterated a Buy rating on Churchill Downs today and set a price target of $98.65. The company’s shares closed last Monday at $91.70.

According to TipRanks.com, Jonas is a 3-star analyst with an average return of 1.3% and a 42.4% success rate. Jonas covers the NA sector, focusing on stocks such as Monarch Casino & Resort, Inspired Entertainment, and Caesars Entertainment. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Churchill Downs with a $129.57 average price target, representing a 35.6% upside. In a report released yesterday, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $126.00 price target.

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