Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Planet Fitness (PLNT), Hyatt Hotels (H) and Best Buy Co (BBY)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Planet Fitness (PLNT), Hyatt Hotels (H) and Best Buy Co (BBY).
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Planet Fitness (PLNT)
TD Cowen analyst Max Rakhlenko maintained a Hold rating on Planet Fitness today and set a price target of $54.00. The company’s shares closed last Thursday at $52.90.
According to TipRanks.com, Rakhlenko is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Planet Fitness with a $70.53 average price target.
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Hyatt Hotels (H)
In a report released today, Shaun Kelley from Bank of America Securities reiterated a Buy rating on Hyatt Hotels, with a price target of $200.00. The company’s shares closed last Thursday at $185.46.
According to TipRanks.com, Kelley 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 Hyatt Hotels with a $190.42 average price target, implying a 2.1% upside from current levels. In a report issued on May 15, Bernstein also maintained a Buy rating on the stock with a $202.00 price target.
Best Buy Co (BBY)
In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Best Buy Co, with a price target of $80.00. The company’s shares closed last Thursday at $74.74, close to its 52-week low of $69.29.
According to TipRanks.com, Gutman is a 4-star analyst with an average return of
Currently, the analyst consensus on Best Buy Co is a Hold with an average price target of $74.23, which is a 6.5% upside from current levels. In a report released today, UBS also downgraded the stock to Hold with a $86.00 price target.
Read More on PLNT:
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- Planet Fitness price target lowered to $64 from $109 at Roth Capital
- Planet Fitness Balances Strong Results With Softer Outlook
- Planet Fitness price target lowered to $79 from $120 at UBS
- Arpine Kocharyan Reaffirms Buy on Planet Fitness as Growth Resilience and Asset‑Light Model Offset Near‑Term Comp Softness Despite Price Target Cut to $79
- Planet Fitness price target lowered to $80 from $90 at Stifel
