Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Lennar (LEN) and Coupang (CPNG)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Lennar (LEN) and Coupang (CPNG).
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Lennar (LEN)
Bank of America Securities analyst Rafe Jadrosich reiterated a Sell rating on Lennar yesterday and set a price target of $77.00. The company’s shares closed last Friday at $90.30.
According to TipRanks.com, Jadrosich is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Lennar with a $87.90 average price target, representing a -5.7% downside. In a report issued on June 8, KBW also downgraded the stock to Sell with a $86.00 price target.
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Coupang (CPNG)
In a report issued on June 12, Jiong Shao from Barclays maintained a Buy rating on Coupang, with a price target of $30.00. The company’s shares closed last Friday at $16.82.
According to TipRanks.com, Shao is a 4-star analyst with an average return of
Coupang has an analyst consensus of Moderate Buy, with a price target consensus of $23.87, representing a 39.6% upside. In a report issued on June 11, Morgan Stanley also maintained a Buy rating on the stock with a $28.00 price target.
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