Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on ODP (ODP – Research Report) and Wayfair (W – Research Report) with bullish sentiments.
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ODP (ODP)
In a report released yesterday, Joe Gomes from Noble Financial maintained a Buy rating on ODP, with a price target of $35.00. The company’s shares closed last Monday at $17.81, close to its 52-week low of $13.44.
According to TipRanks.com, Gomes is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ODP with a $35.00 average price target.
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Wayfair (W)
Evercore ISI analyst Oliver Wintermantel maintained a Buy rating on Wayfair yesterday and set a price target of $60.00. The company’s shares closed last Monday at $33.35, close to its 52-week low of $32.50.
According to TipRanks.com, Wintermantel is ranked #2698 out of 9417 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wayfair with a $51.95 average price target, which is a 52.2% upside from current levels. In a report issued on March 7, Jefferies also upgraded the stock to Buy with a $47.00 price target.
Read More on ODP:
- ODP Corporation’s Business Solutions to provide solutions for CoreTrust members
- ODP Corporation’s Mixed Earnings Call Highlights
- ODP Corporation Reports Q4 Results and Strategic Expansion
- ODP Corporation reports Q4 adjusted EPS 66c, consensus 80c
- ODP Corporation announces ‘Optimize for Growth’ restructuring plan
