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Analysts Offer Insights on Consumer Cyclical Companies: Royal Caribbean (RCL) and Academy Sports and Outdoors (ASO)

Tipranks - Thu Apr 9, 8:04AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Royal Caribbean (RCL) and Academy Sports and Outdoors (ASO) with bullish sentiments.

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Royal Caribbean (RCL)

In a report released today, Benjamin Chaiken from Mizuho Securities maintained a Buy rating on Royal Caribbean, with a price target of $377.00. The company’s shares closed last Tuesday at $267.71, close to its 52-week high of $277.08.

According to TipRanks.com, Chaiken is a 3-star analyst with an average return of 2.7% and a 45.9% success rate. Chaiken covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Caribbean with a $366.47 average price target, implying a 35.3% upside from current levels. In a report issued on March 24, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $305.00 price target.

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Academy Sports and Outdoors (ASO)

In a report released today, Jonathan Matuszewski from Jefferies reiterated a Buy rating on Academy Sports and Outdoors, with a price target of $66.00. The company’s shares closed last Tuesday at $57.18.

According to TipRanks.com, Matuszewski is a 4-star analyst with an average return of 6.9% and a 49.5% success rate. Matuszewski covers the NA sector, focusing on stocks such as Somnigroup International, Dick’s Sporting Goods, and Williams-Sonoma. ;'>

Currently, the analyst consensus on Academy Sports and Outdoors is a Moderate Buy with an average price target of $60.18, representing a 2.8% upside. In a report issued on April 1, TipRanks – Google also upgraded the stock to Buy with a $63.00 price target.

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