Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Five Below (FIVE), Designer Brands (DBI) and Nio (NIO)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Five Below (FIVE), Designer Brands (DBI) and Nio (NIO).
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Five Below (FIVE)
Telsey Advisory analyst Joe Feldman maintained a Buy rating on Five Below today and set a price target of $260.00. The company’s shares closed last Wednesday at $212.47.
According to TipRanks.com, Feldman is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Five Below with a $248.94 average price target, implying a 16.2% upside from current levels. In a report released today, William Blair also upgraded the stock to Buy.
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Designer Brands (DBI)
In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Designer Brands, with a price target of $7.00. The company’s shares closed last Wednesday at $5.40.
According to TipRanks.com, Telsey is a 1-star analyst with an average return of
Currently, the analyst consensus on Designer Brands is a Hold with an average price target of $6.75, representing a 25.0% upside. In a report issued on March 5, TipRanks – xAI also reiterated a Hold rating on the stock with a $7.00 price target.
Nio (NIO)
Bernstein analyst Eunice Lee maintained a Hold rating on Nio today. The company’s shares closed last Wednesday at $5.82.
According to TipRanks.com, Lee is a 3-star analyst with an average return of
Currently, the analyst consensus on Nio is a Moderate Buy with an average price target of $6.46, implying a 9.5% upside from current levels. In a report issued on March 10, Bank of America Securities also maintained a Hold rating on the stock with a $6.70 price target.
Read More on FIVE:
Disclaimer & DisclosureReport an Issue
- Five Below price target raised to $296 from $259 at JPMorgan
- Five Below price target raised to $260 from $225 at Guggenheim
- Five Below price target raised to $261 from $236 at Truist
- Five Below price target raised to $287 from $247 at Deutsche Bank
- Balancing Strong Near-Term Momentum Against Valuation and Slowing Growth: Rationale for Maintaining a Hold on Five Below
