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Analysts Conflicted on These Consumer Cyclical Names: Macy’s (M) and thredUP (TDUP)

Tipranks - Tipranks - Thu Jun 4, 2:04PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Macy’s (M) and thredUP (TDUP).

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Macy’s (M)

In a report released today, Charles Grom from Gordon Haskett Capital Corporation maintained a Hold rating on Macy’s, with a price target of $22.00. The company’s shares closed last Wednesday at $21.48.

According to TipRanks.com, Grom is ranked #1235 out of 12289 analysts.

Macy’s has an analyst consensus of Hold, with a price target consensus of $18.57, implying a -15.6% downside from current levels. In a report issued on May 28, Telsey Advisory also maintained a Hold rating on the stock with a $20.00 price target.

See today’s best-performing stocks on TipRanks >>

thredUP (TDUP)

William Blair analyst Dylan Carden maintained a Buy rating on thredUP today. The company’s shares closed last Wednesday at $4.50.

According to TipRanks.com, Carden is a 4-star analyst with an average return of 5.0% and a 45.3% success rate. Carden covers the NA sector, focusing on stocks such as Savers Value Village Inc., National Vision Holdings, and Brilliant Earth Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for thredUP with a $8.04 average price target.

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