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Analysts Offer Insights on Consumer Cyclical Companies: Red Rock Resorts (RRR), Stellantis (STLA) and Mercedes-Benz Group (OtherMBGAF)

Tipranks - Fri Feb 13, 1:54AM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Red Rock Resorts (RRRResearch Report), Stellantis (STLAResearch Report) and Mercedes-Benz Group (MBGAFResearch Report).

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Red Rock Resorts (RRR)

In a report released yesterday, Trey Bowers from Wells Fargo maintained a Hold rating on Red Rock Resorts, with a price target of $59.00. The company’s shares closed last Wednesday at $64.87.

According to TipRanks.com, Bowers is a 2-star analyst with an average return of 2.4% and a 58.8% success rate. Bowers covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts. ;'>

Currently, the analyst consensus on Red Rock Resorts is a Strong Buy with an average price target of $70.92, representing a 5.1% upside. In a report issued on February 1, TipRanks – xAI also reiterated a Hold rating on the stock with a $68.00 price target.

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Stellantis (STLA)

In a report released today, Romain Gourvil from Berenberg Bank maintained a Buy rating on Stellantis, with a price target of EUR7.80. The company’s shares closed last Wednesday at $7.62.

According to TipRanks.com, Gourvil is a 3-star analyst with an average return of 2.4% and a 50.0% success rate. Gourvil covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Continental Aktiengesellschaft, and Mercedes-Benz Group. ;'>

Currently, the analyst consensus on Stellantis is a Moderate Buy with an average price target of $10.60, implying a 41.5% upside from current levels. In a report issued on February 3, Jefferies also maintained a Buy rating on the stock with a EUR13.00 price target.

Mercedes-Benz Group (MBGAF)

In a report released today, Jose Asumendi from J.P. Morgan maintained a Buy rating on Mercedes-Benz Group, with a price target of EUR70.00. The company’s shares closed last Wednesday at $68.94.

According to TipRanks.com, Asumendi is a 4-star analyst with an average return of 5.5% and a 54.1% success rate. Asumendi covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Continental Aktiengesellschaft, and Stellantis. ;'>

Mercedes-Benz Group has an analyst consensus of Moderate Buy, with a price target consensus of $78.91, which is a 12.7% upside from current levels. In a report issued on February 3, Morgan Stanley also maintained a Buy rating on the stock with a EUR73.00 price target.

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