Analysts Are Bullish on These Consumer Cyclical Stocks: Red Rock Resorts (RRR), Amazon (AMZN)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Red Rock Resorts (RRR), Amazon (AMZN) and Stellantis (STLA) with bullish sentiments.
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Red Rock Resorts (RRR)
In a report released today, Barry Jonas from Truist Financial maintained a Buy rating on Red Rock Resorts, with a price target of $68.00. The company’s shares closed last Wednesday at $56.06.
According to TipRanks.com, Jonas is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Red Rock Resorts with a $71.31 average price target, which is a 28.5% upside from current levels. In a report issued on April 16, J.P. Morgan also maintained a Buy rating on the stock with a $73.00 price target.
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Amazon (AMZN)
Morgan Stanley analyst Brian Nowak maintained a Buy rating on Amazon today and set a price target of $330.00. The company’s shares closed last Wednesday at $263.04.
According to TipRanks.com, Nowak is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $309.33 average price target, representing a 19.9% upside. In a report issued on April 15, Bank of America Securities also maintained a Buy rating on the stock with a $275.00 price target.
Stellantis (STLA)
UBS analyst Patrick Hummel maintained a Buy rating on Stellantis today and set a price target of EUR9.70. The company’s shares closed last Wednesday at $7.70.
According to TipRanks.com, Hummel is a 4-star analyst with an average return of
Currently, the analyst consensus on Stellantis is a Moderate Buy with an average price target of $9.36, which is a 20.5% upside from current levels. In a report issued on April 22, J.P. Morgan also maintained a Buy rating on the stock with a EUR10.00 price target.
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