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Analysts Offer Insights on Consumer Cyclical Companies: Ulta Beauty (ULTA), Lululemon Athletica (LULU) and Dutch Bros Inc (BROS)

Tipranks - Tue Mar 10, 6:10AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Ulta Beauty (ULTAResearch Report), Lululemon Athletica (LULUResearch Report) and Dutch Bros Inc (BROSResearch Report).

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Ulta Beauty (ULTA)

Wells Fargo analyst Ike Boruchow maintained a Sell rating on Ulta Beauty today and set a price target of $500.00. The company’s shares closed last Friday at $646.34.

According to TipRanks.com, Boruchow is a 3-star analyst with an average return of 1.2% and a 45.2% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Canada Goose Holdings, and Dick’s Sporting Goods. ;'>

Ulta Beauty has an analyst consensus of Strong Buy, with a price target consensus of $722.87.

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Lululemon Athletica (LULU)

In a report released today, Jay Sole from UBS maintained a Hold rating on Lululemon Athletica, with a price target of $189.00. The company’s shares closed last Friday at $170.13.

According to TipRanks.com, Sole is a 4-star analyst with an average return of 5.1% and a 48.7% success rate. Sole covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Canada Goose Holdings, and Gildan Activewear. ;'>

Currently, the analyst consensus on Lululemon Athletica is a Hold with an average price target of $209.53, a 22.0% upside from current levels. In a report issued on March 2, Guggenheim also maintained a Hold rating on the stock.

Dutch Bros Inc (BROS)

In a report released today, Brian Mullan from Piper Sandler maintained a Hold rating on Dutch Bros Inc, with a price target of $59.00. The company’s shares closed last Friday at $51.31.

According to TipRanks.com, Mullan is a 5-star analyst with an average return of 11.5% and a 62.1% success rate. Mullan covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and The ONE Group Hospitality. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dutch Bros Inc with a $75.50 average price target, implying a 42.1% upside from current levels. In a report issued on February 24, TipRanks – Google also downgraded the stock to Hold with a $51.00 price target.

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