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Analysts Are Bullish on Top Consumer Cyclical Stocks: Kura Sushi USA (KRUS), Royal Caribbean (RCL)

Tipranks - Thu Jul 9, 8:22AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Kura Sushi USA (KRUS) and Royal Caribbean (RCL) with bullish sentiments.

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Kura Sushi USA (KRUS)

Craig-Hallum analyst Jeremy Hamblin reiterated a Buy rating on Kura Sushi USA today and set a price target of $80.00. The company’s shares closed last Tuesday at $52.90, close to its 52-week low of $48.66.

According to TipRanks.com, Hamblin is a 5-star analyst with an average return of 9.6% and a 52.3% success rate. Hamblin covers the NA sector, focusing on stocks such as Lucky Strike Entertainment, Savers Value Village Inc., and Red Robin Gourmet. ;'>

Currently, the analyst consensus on Kura Sushi USA is a Moderate Buy with an average price target of $67.14, implying a 18.6% upside from current levels. In a report issued on June 30, D.A. Davidson also maintained a Buy rating on the stock with a $70.00 price target.

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Royal Caribbean (RCL)

In a report released today, Steven Wieczynski from Stifel Nicolaus maintained a Buy rating on Royal Caribbean, with a price target of $410.00. The company’s shares closed last Tuesday at $282.26.

According to TipRanks.com, Wieczynski is a 5-star analyst with an average return of 12.3% and a 51.9% success rate. Wieczynski covers the NA sector, focusing on stocks such as Lindblad Expeditions Holdings, Lucky Strike Entertainment, and United Parks & Resorts. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Caribbean with a $333.00 average price target, representing a 16.4% upside. In a report released today, BMO Capital also initiated coverage with a Buy rating on the stock with a $370.00 price target.

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