Analysts Offer Insights on Consumer Cyclical Companies: Rivian Automotive (RIVN), Mohawk (MHK) and Dutch Bros Inc (BROS)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Rivian Automotive (RIVN), Mohawk (MHK) and Dutch Bros Inc (BROS).
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Rivian Automotive (RIVN)
In a report released yesterday, Mark Delaney from Goldman Sachs maintained a Hold rating on Rivian Automotive, with a price target of $18.00. The company’s shares closed last Friday at $15.80.
According to TipRanks.com, Delaney is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Rivian Automotive with a $18.37 average price target, implying an 8.2% upside from current levels. In a report released today, Cantor Fitzgerald also maintained a Hold rating on the stock with a $19.00 price target.
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Mohawk (MHK)
Goldman Sachs analyst Susan Maklari maintained a Buy rating on Mohawk yesterday and set a price target of $140.00. The company’s shares closed last Friday at $121.56.
According to TipRanks.com, Maklari is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mohawk with a $117.78 average price target, a -5.8% downside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $136.00 price target.
Dutch Bros Inc (BROS)
In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Dutch Bros Inc, with a price target of $74.00. The company’s shares closed last Friday at $66.14.
According to TipRanks.com, Feldman is a 4-star analyst with an average return of
Currently, the analyst consensus on Dutch Bros Inc is a Strong Buy with an average price target of $79.58, a 21.1% upside from current levels. In a report issued on July 17, Stephens also initiated coverage with a Buy rating on the stock with a $80.00 price target.
Read More on RIVN:
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- Rivian price target raised to $16 from $14 at RBC Capital
- Why Rivian Stock Is Down Today and Why This Analyst Thinks Its Time Is Coming
- Rivian price target raised to $24 from $23 at Deutsche Bank
- Rivian price target raised to $21 from $20 at TD Cowen
- Rivian price target raised to $14 from $13 at Morgan Stanley
