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Analysts Offer Insights on Consumer Cyclical Companies: Chewy (CHWY) and Ross Stores (ROST)

Tipranks - Fri Apr 10, 6:12AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Chewy (CHWY) and Ross Stores (ROST).

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Chewy (CHWY)

In a report released yesterday, Eric Sheridan from Goldman Sachs reiterated a Buy rating on Chewy, with a price target of $46.00. The company’s shares closed last Wednesday at $26.46.

According to TipRanks.com, Sheridan is a 3-star analyst with an average return of 1.9% and a 45.0% success rate. Sheridan covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Fiverr International, and Reddit Inc Class A. ;'>

Currently, the analyst consensus on Chewy is a Strong Buy with an average price target of $41.56, which is a 53.2% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $29.00 price target.

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Ross Stores (ROST)

Bernstein analyst Aneesha Sherman maintained a Hold rating on Ross Stores today. The company’s shares closed last Wednesday at $224.47.

According to TipRanks.com, Sherman is a 3-star analyst with an average return of 2.7% and a 45.4% success rate. Sherman covers the NA sector, focusing on stocks such as Lululemon Athletica, Peloton Interactive, and Burlington Stores. ;'>

Currently, the analyst consensus on Ross Stores is a Strong Buy with an average price target of $230.55, representing a 5.2% upside. In a report issued on April 2, TipRanks – Anthropic also downgraded the stock to Hold with a $235.00 price target.

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