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Analysts Offer Insights on Consumer Cyclical Companies: Rivian Automotive (RIVN), Amazon (AMZN) and Academy Sports and Outdoors (ASO)

Tipranks - Fri Jun 12, 4:44AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Rivian Automotive (RIVN), Amazon (AMZN) and Academy Sports and Outdoors (ASO).

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Rivian Automotive (RIVN)

In a report released today, Dan Levy from Barclays maintained a Hold rating on Rivian Automotive, with a price target of $14.00. The company’s shares closed last Wednesday at $14.76.

According to TipRanks.com, Levy is a 4-star analyst with an average return of 3.6% and a 42.8% success rate. Levy covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Magna International, and Dana Incorporated. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rivian Automotive with a $18.25 average price target, a 16.4% upside from current levels. In a report issued on May 30, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $16.50 price target.

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Amazon (AMZN)

Bank of America Securities analyst Justin Post maintained a Buy rating on Amazon today and set a price target of $310.00. The company’s shares closed last Wednesday at $238.00, close to its 52-week high of $242.52.

According to TipRanks.com, Post is a 5-star analyst with an average return of 20.2% and a 61.7% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, DoorDash, and Expedia. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $319.14 average price target, which is a 31.0% upside from current levels. In a report issued on May 27, UBS also maintained a Buy rating on the stock with a $333.00 price target.

Academy Sports and Outdoors (ASO)

Barclays analyst Adrienne Yih maintained a Hold rating on Academy Sports and Outdoors today and set a price target of $50.00. The company’s shares closed last Wednesday at $49.88.

According to TipRanks.com, Yih is a 4-star analyst with an average return of 3.2% and a 46.8% success rate. Yih covers the NA sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and Canada Goose Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Academy Sports and Outdoors with a $59.27 average price target, implying a 19.4% upside from current levels. In a report issued on June 9, TipRanks – PerPlexity also downgraded the stock to Hold with a $56.00 price target.

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