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Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (DKNG) and Lear (LEA)

Tipranks - Sat Jun 27, 12:52PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on DraftKings (DKNG) and Lear (LEA).

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DraftKings (DKNG)

Craig-Hallum analyst Ryan Sigdahl maintained a Buy rating on DraftKings today. The company’s shares closed last Friday at $24.50.

According to TipRanks.com, Sigdahl is a 3-star analyst with an average return of 1.5% and a 40.6% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Sportsman’s Warehouse, and Super Group (SGHC). ;'>

Currently, the analyst consensus on DraftKings is a Strong Buy with an average price target of $36.10, which is a 52.3% upside from current levels. In a report issued on June 11, Bernstein also maintained a Buy rating on the stock with a $31.00 price target.

See the top stocks recommended by analysts >>

Lear (LEA)

In a report released yesterday, Andrew Percoco from Morgan Stanley maintained a Hold rating on Lear, with a price target of $130.00. The company’s shares closed last Friday at $135.00.

According to TipRanks.com, Percoco is a 5-star analyst with an average return of 60.7% and a 59.1% success rate. Percoco covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Penske Automotive Group, and Versigent Limited. ;'>

Currently, the analyst consensus on Lear is a Moderate Buy with an average price target of $145.09, which is a 6.9% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $137.00 price target.

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