Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Pattern Group, Inc. Class A (PTRN), Norwegian Cruise Line (NCLH) and Royal Caribbean (RCL) with bullish sentiments.

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Pattern Group, Inc. Class A (PTRN)

In a report released today, Mark Kelley from Stifel Nicolaus reiterated a Buy rating on Pattern Group, Inc. Class A, with a price target of $23.00. The company’s shares closed last Thursday at $17.61.

According to TipRanks.com, Kelley is a 5-star analyst with an average return of 21.5% and a 59.1% success rate. Kelley covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Alphabet Class A, and Meta Platforms. ;'>

Pattern Group, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $22.00, implying a 24.4% upside from current levels. In a report issued on May 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $19.00 price target.

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Norwegian Cruise Line (NCLH)

In a report released today, Patrick Scholes from Truist Financial maintained a Buy rating on Norwegian Cruise Line, with a price target of $20.00. The company’s shares closed last Thursday at $16.47, close to its 52-week low of $14.69.

According to TipRanks.com, Scholes is a 5-star analyst with an average return of 7.8% and a 56.3% success rate. Scholes covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

Norwegian Cruise Line has an analyst consensus of Moderate Buy, with a price target consensus of $20.25, a 29.6% upside from current levels. In a report issued on May 15, TD Cowen also maintained a Buy rating on the stock with a $22.00 price target.

Royal Caribbean (RCL)

In a report released yesterday, Trey Bowers from Wells Fargo maintained a Buy rating on Royal Caribbean, with a price target of $360.00. The company’s shares closed last Thursday at $260.32, close to its 52-week high of $277.08.

According to TipRanks.com, Bowers is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.6% and a 34.4% success rate. Bowers covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Grand Vacations, and Marriott International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Caribbean with a $333.07 average price target, implying a 34.7% upside from current levels. In a report issued on May 12, Bernstein also maintained a Buy rating on the stock.

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Disclaimer & DisclosureReport an Issue

• Pattern: Sustained 30%+ Growth and Expanding Margins Support Mark Mahaney’s Buy Rating and $26 Price Target
• Pattern Group stockholders back directors, auditor and pay
• Pattern Group launches Pattern Intelligence at Accelerate
• Pattern Group, Inc. Soars on Record Earnings Call
• JPMorgan (JPM) Dominates Tech Banking as Early Stage Bet Pays Off