Analysts Offer Insights on Consumer Cyclical Companies: RideNow Group (RDNW) and Lululemon Athletica (LULU)
Analysts fell to the sidelines weighing in on RideNow Group (RDNW – Research Report) and Lululemon Athletica (LULU – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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RideNow Group (RDNW)
In a report released today, Michael Baker from D.A. Davidson maintained a Hold rating on RideNow Group. The company’s shares closed last Monday at $6.70, close to its 52-week high of $7.06.
According to TipRanks.com, Baker is a 4-star analyst with an average return of
RideNow Group has an analyst consensus of Hold, with a price target consensus of $7.00, which is a 3.0% upside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $7.00 price target.
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Lululemon Athletica (LULU)
Telsey Advisory analyst Dana Telsey maintained a Hold rating on Lululemon Athletica today and set a price target of $215.00. The company’s shares closed last Monday at $169.76.
According to TipRanks.com, Telsey is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Lululemon Athletica with a $209.53 average price target, implying a 26.5% upside from current levels. In a report issued on March 2, Guggenheim also maintained a Hold rating on the stock.
