Analysts Conflicted on These Consumer Cyclical Names: Nio (NIO), Planet Fitness (PLNT) and Deckers Outdoor (DECK)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Nio (NIO – Research Report), Planet Fitness (PLNT – Research Report) and Deckers Outdoor (DECK – Research Report).
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Nio (NIO)
Citi analyst Jeff Chung maintained a Buy rating on Nio on January 30 and set a price target of $6.90. The company’s shares closed last Friday at $4.70.
According to TipRanks.com, Chung is a 2-star analyst with an average return of
Currently, the analyst consensus on Nio is a Moderate Buy with an average price target of $6.03, a 22.3% upside from current levels. In a report issued on January 15, Macquarie also upgraded the stock to Buy with a $6.10 price target.
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Planet Fitness (PLNT)
In a report issued on January 30, Arpine Kocharyan from UBS reiterated a Buy rating on Planet Fitness, with a price target of $125.00. The company’s shares closed last Friday at $91.04.
According to TipRanks.com, Kocharyan is a 2-star analyst with an average return of
Planet Fitness has an analyst consensus of Strong Buy, with a price target consensus of $132.46, a 44.8% upside from current levels. In a report issued on January 15, Stifel Nicolaus also maintained a Buy rating on the stock with a $130.00 price target.
Deckers Outdoor (DECK)
BTIG analyst Janine Stichter maintained a Hold rating on Deckers Outdoor on January 30. The company’s shares closed last Friday at $119.34, close to its 52-week low of $110.75.
According to TipRanks.com, Stichter is a 4-star analyst with an average return of
Deckers Outdoor has an analyst consensus of Hold, with a price target consensus of $122.35, which is a 6.5% upside from current levels. In a report issued on January 26, Telsey Advisory also maintained a Hold rating on the stock with a $105.00 price target.
