Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ferrari (RACE) and Atmus Filtration Technologies, Inc. (ATMU) with bullish sentiments.
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Ferrari (RACE)
Bernstein analyst Stephen Reitman maintained a Buy rating on Ferrari today. The company’s shares closed last Tuesday at $338.45.
According to TipRanks.com, Reitman is a 3-star analyst with an average return of
Ferrari has an analyst consensus of Strong Buy, with a price target consensus of $449.61, representing a 37.0% 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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Atmus Filtration Technologies, Inc. (ATMU)
In a report released today, Tami Zakaria from J.P. Morgan reiterated a Buy rating on Atmus Filtration Technologies, Inc., with a price target of $70.00. The company’s shares closed last Tuesday at $56.77.
According to TipRanks.com, Zakaria is a 5-star analyst with an average return of
Atmus Filtration Technologies, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $68.60, which is a 22.7% upside from current levels. In a report issued on March 30, Robert W. Baird also maintained a Buy rating on the stock with a $66.00 price target.
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