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Analysts Offer Insights on Consumer Cyclical Companies: Expedia (EXPE), PVH (PVH) and Ferrari (RACE)

Tipranks - Sat Mar 28, 9:04AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Expedia (EXPE), PVH (PVH) and Ferrari (RACE) with bullish sentiments.

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Expedia (EXPE)

In a report released today, Mark Mahaney from Evercore ISI reiterated a Buy rating on Expedia, with a price target of $350.00. The company’s shares closed last Friday at $227.70.

According to TipRanks.com, Mahaney is a 4-star analyst with an average return of 6.3% and a 48.0% success rate. Mahaney covers the Technology sector, focusing on stocks such as WEBTOON Entertainment Inc, ODDITY Tech Ltd. Class A, and Ibotta, Inc. Class A. ;'>

Currently, the analyst consensus on Expedia is a Moderate Buy with an average price target of $275.31, a 18.2% upside from current levels. In a report issued on March 16, BTIG also maintained a Buy rating on the stock with a $330.00 price target.

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PVH (PVH)

Evercore ISI analyst Michael Binetti maintained a Buy rating on PVH yesterday and set a price target of $95.00. The company’s shares closed last Friday at $66.86, close to its 52-week low of $62.94.

According to TipRanks.com, Binetti is a 4-star analyst with an average return of 5.1% and a 52.3% success rate. Binetti covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Canada Goose Holdings, and Lululemon Athletica. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PVH with a $91.80 average price target.

Ferrari (RACE)

In a report released today, Nicolai Kempf from Deutsche Bank maintained a Buy rating on Ferrari, with a price target of EUR460.00. The company’s shares closed last Friday at $322.46.

According to TipRanks.com, Kempf is ranked #1155 out of 12128 analysts.

Ferrari has an analyst consensus of Moderate Buy, with a price target consensus of $438.90, representing a 35.3% upside. In a report issued on March 20, TipRanks – Google also upgraded the stock to Buy with a EUR311.00 price target.

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