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Analysts Conflicted on These Consumer Cyclical Names: PDD Holdings (PDD) and Abercrombie Fitch (ANF)

Tipranks - Thu May 28, 4:44PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on PDD Holdings (PDD) and Abercrombie Fitch (ANF).

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PDD Holdings (PDD)

Bernstein analyst Robin Zhu maintained a Hold rating on PDD Holdings today and set a price target of $110.00. The company’s shares closed last Wednesday at $86.61.

Zhu has an average return of 2.4% when recommending PDD Holdings. ;'>

According to TipRanks.com, Zhu is ranked #4644 out of 12270 analysts.

PDD Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $131.38, a 48.1% upside from current levels. In a report released today, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $105.00 price target.

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

Abercrombie Fitch (ANF)

BTIG analyst Janine Stichter reiterated a Buy rating on Abercrombie Fitch today and set a price target of $120.00. The company’s shares closed last Wednesday at $81.42, close to its 52-week low of $74.31.

According to TipRanks.com, Stichter is a 4-star analyst with an average return of 4.1% and a 41.3% success rate. Stichter covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Oxford Industries. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Abercrombie Fitch with a $115.78 average price target, implying a 43.5% upside from current levels. In a report issued on May 13, TipRanks – PerPlexity also upgraded the stock to Buy with a $84.00 price target.

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