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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Home Depot (HD), Rivian Automotive (RIVN) and Life Time Group Holdings (LTH)

Tipranks - Tue Apr 7, 5:54AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Home Depot (HD), Rivian Automotive (RIVN) and Life Time Group Holdings (LTH).

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Home Depot (HD)

In a report released today, Zhihan Ma from Bernstein maintained a Hold rating on Home Depot. The company’s shares closed last Thursday at $321.63.

According to TipRanks.com, Ma is a 4-star analyst with an average return of 9.6% and a 67.5% success rate. Ma covers the Consumer Goods sector, focusing on stocks such as Dollar General, Dollar Tree, and Dollarama. ;'>

Home Depot has an analyst consensus of Strong Buy, with a price target consensus of $425.06, which is a 31.4% upside from current levels. In a report issued on March 23, TipRanks – xAI also reiterated a Hold rating on the stock with a $346.00 price target.

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Rivian Automotive (RIVN)

Canaccord Genuity analyst George Gianarikas reiterated a Buy rating on Rivian Automotive today and set a price target of $22.00. The company’s shares closed last Thursday at $15.40.

According to TipRanks.com, Gianarikas is a 3-star analyst with an average return of 3.3% and a 37.0% success rate. Gianarikas covers the Industrial Goods sector, focusing on stocks such as Dragonfly Energy Holdings Corp, Icf International, and Generac Holdings. ;'>

Currently, the analyst consensus on Rivian Automotive is a Hold with an average price target of $17.59.

Life Time Group Holdings (LTH)

Guggenheim analyst John Heinbockel reiterated a Buy rating on Life Time Group Holdings today and set a price target of $36.00. The company’s shares closed last Thursday at $26.99.

According to TipRanks.com, Heinbockel is a 5-star analyst with an average return of 10.2% and a 60.8% success rate. Heinbockel covers the Consumer Goods sector, focusing on stocks such as Performance Food Group, Albertsons Companies, and United Natural Foods. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Life Time Group Holdings with a $40.45 average price target, a 57.3% upside from current levels. In a report issued on March 23, RBC Capital also maintained a Buy rating on the stock with a $38.00 price target.

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