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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Fri Jan 30, 5:04AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Levi Strauss & Co (LEVIResearch Report) and Tesla (TSLAResearch Report) with bullish sentiments.

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Levi Strauss & Co (LEVI)

Needham analyst Tom Nikic reiterated a Buy rating on Levi Strauss & Co today and set a price target of $28.00. The company’s shares closed last Wednesday at $20.47.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 7.2% and a 46.7% success rate. Nikic covers the NA sector, focusing on stocks such as Columbia Sportswear, Lululemon Athletica, and Deckers Outdoor. ;'>

Currently, the analyst consensus on Levi Strauss & Co is a Strong Buy with an average price target of $27.43, implying a 29.5% upside from current levels. In a report issued on January 21, Telsey Advisory also maintained a Buy rating on the stock with a $27.00 price target.

See the top stocks recommended by analysts >>

Tesla (TSLA)

Robert W. Baird analyst Ben Kallo reiterated a Buy rating on Tesla yesterday and set a price target of $548.00. The company’s shares closed last Wednesday at $431.46, close to its 52-week high of $488.54.

Kallo has an average return of 27.6% when recommending Tesla. ;'>

According to TipRanks.com, Kallo is ranked #2051 out of 12040 analysts.

Tesla has an analyst consensus of Hold, with a price target consensus of $397.79, a -7.9% downside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $474.00 price target.

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