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Analysts Offer Insights on Consumer Cyclical Companies: Cracker Barrel (CBRL), Mercadolibre (MELI) and Lennar (LEN)

Tipranks - Sat Jun 13, 8:28AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Cracker Barrel (CBRL), Mercadolibre (MELI) and Lennar (LEN).

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Cracker Barrel (CBRL)

Argus Research analyst Christine Dooley maintained a Buy rating on Cracker Barrel yesterday and set a price target of $60.00. The company’s shares closed last Thursday at $45.50.

According to TipRanks.com, Dooley is a 4-star analyst with an average return of 10.6% and a 71.4% success rate. Dooley covers the NA sector, focusing on stocks such as Brinker International, Cheesecake Factory, and CAVA Group, Inc. ;'>

Currently, the analyst consensus on Cracker Barrel is a Hold with an average price target of $40.83, representing a -9.8% downside. In a report issued on June 10, Wells Fargo also upgraded the stock to Buy with a $50.00 price target.

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Mercadolibre (MELI)

In a report released yesterday, Irma Sgarz from Goldman Sachs maintained a Buy rating on Mercadolibre, with a price target of $2100.00. The company’s shares closed last Thursday at $1610.00.

Sgarz has an average return of 32.4% when recommending Mercadolibre. ;'>

According to TipRanks.com, Sgarz is ranked #3240 out of 12296 analysts.

Currently, the analyst consensus on Mercadolibre is a Moderate Buy with an average price target of $2191.43, a 38.2% upside from current levels. In a report issued on June 2, BTIG also reiterated a Buy rating on the stock with a $2150.00 price target.

Lennar (LEN)

In a report released today, Stephen Kim from Evercore ISI maintained a Sell rating on Lennar, with a price target of $82.00. The company’s shares closed last Thursday at $94.95.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 14.9% and a 60.7% success rate. Kim covers the NA sector, focusing on stocks such as Installed Building Products, Toll Brothers, and PulteGroup. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Lennar with a $88.00 average price target, which is a -2.3% downside from current levels. In a report issued on June 8, KBW also downgraded the stock to Sell with a $86.00 price target.

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