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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Fri Jul 31, 10:30AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on O’Reilly Auto (ORLY) and PHINIA Inc. (PHIN) with bullish sentiments.

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O’Reilly Auto (ORLY)

Wolfe Research analyst Spencer Hanus maintained a Buy rating on O’Reilly Auto yesterday and set a price target of $105.00. The company’s shares closed last Thursday at $88.22.

According to TipRanks.com, Hanus is ranked #8321 out of 12398 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for O’Reilly Auto with a $111.42 average price target, representing a 25.7% upside. In a report issued on July 21, RBC Capital also maintained a Buy rating on the stock with a $110.00 price target.

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PHINIA Inc. (PHIN)

In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on PHINIA Inc., with a price target of $96.00. The company’s shares closed last Thursday at $71.67.

According to TipRanks.com, Brooks is a 5-star analyst with an average return of 33.2% and a 62.5% success rate. Brooks covers the Industrial Goods sector, focusing on stocks such as Innovative Solutions And Support, Tetra Technologies, and Ceco Environmental. ;'>

Currently, the analyst consensus on PHINIA Inc. is a Strong Buy with an average price target of $92.50, representing a 18.7% upside. In a report released today, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $96.00 price target.

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