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Analysts Offer Insights on Consumer Cyclical Companies: LKQ (LKQ) and Nike (NKE)

Tipranks - Thu Apr 2, 4:18AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on LKQ (LKQ) and Nike (NKE).

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LKQ (LKQ)

Barclays analyst John Babcock maintained a Hold rating on LKQ today and set a price target of $34.00. The company’s shares closed last Tuesday at $29.37.

According to TipRanks.com, Babcock is a 4-star analyst with an average return of 10.1% and a 45.9% success rate. Babcock covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

Currently, the analyst consensus on LKQ is a Strong Buy with an average price target of $40.38, implying a 38.8% upside from current levels. In a report issued on March 17, TipRanks – Google also downgraded the stock to Hold with a $31.00 price target.

See the top stocks recommended by analysts >>

Nike (NKE)

KeyBanc analyst Ashley Owens maintained a Buy rating on Nike today. The company’s shares closed last Tuesday at $52.82.

According to TipRanks.com, Owens ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.1% and a 27.9% success rate. Owens covers the NA sector, focusing on stocks such as aka Brands Holding Corp, Brilliant Earth Group, and Wolverine World Wide. ;'>

Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $72.78, which is a 40.2% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $58.00 price target.

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