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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Thu Apr 2, 6:26AM CDT

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 1.5% and a 35.6% success rate. Reitman covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and Stellantis. ;'>

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 11.3% and a 60.2% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Montrose Environmental Group, and Custom Truck One Source. ;'>

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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