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Analysts Are Bullish on Top Consumer Cyclical Stocks: Tapestry (TPR), Packaging (PKG)

Tipranks - Thu Jun 11, 6:36AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Tapestry (TPR), Packaging (PKG) and Five Below (FIVE) with bullish sentiments.

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Tapestry (TPR)

In a report released today, Robert Drbul from BTIG reiterated a Buy rating on Tapestry, with a price target of $180.00. The company’s shares closed last Tuesday at $145.62.

According to TipRanks.com, Drbul is a 4-star analyst with an average return of 5.3% and a 53.8% success rate. Drbul covers the NA sector, focusing on stocks such as Savers Value Village Inc., Dick’s Sporting Goods, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tapestry with a $175.08 average price target, which is a 22.4% upside from current levels. In a report issued on May 27, Barclays also maintained a Buy rating on the stock with a $179.00 price target.

See the top stocks recommended by analysts >>

Packaging (PKG)

In a report released today, Michael Roxland from Truist Financial maintained a Buy rating on Packaging, with a price target of $258.00. The company’s shares closed last Tuesday at $227.33.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 1.4% and a 47.3% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

Currently, the analyst consensus on Packaging is a Strong Buy with an average price target of $245.00.

Five Below (FIVE)

In a report released today, Matthew Boss from J.P. Morgan reiterated a Buy rating on Five Below, with a price target of $325.00. The company’s shares closed last Tuesday at $190.83.

According to TipRanks.com, Boss is a 4-star analyst with an average return of 7.0% and a 53.0% success rate. Boss covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, Lucky Strike Entertainment, and Savers Value Village Inc. ;'>

Currently, the analyst consensus on Five Below is a Moderate Buy with an average price target of $259.76, which is a 39.3% upside from current levels. In a report issued on May 27, Wells Fargo also maintained a Buy rating on the stock with a $260.00 price target.

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