Analysts Are Bullish on Top Consumer Cyclical Stocks: Home Depot (HD), Chewy (CHWY)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Home Depot (HD – Research Report), Chewy (CHWY – Research Report) and Revolve Group (RVLV – Research Report) with bullish sentiments.
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Home Depot (HD)
Wells Fargo analyst Zachary Fadem maintained a Buy rating on Home Depot yesterday and set a price target of $420.00. The company’s shares closed last Tuesday at $384.48.
According to TipRanks.com, Fadem is a 5-star analyst with an average return of
Currently, the analyst consensus on Home Depot is a Strong Buy with an average price target of $416.24, a 7.0% upside from current levels. In a report issued on February 9, J.P. Morgan also maintained a Buy rating on the stock with a $423.00 price target.
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Chewy (CHWY)
In a report released yesterday, Mike McGovern from Bank of America Securities maintained a Buy rating on Chewy, with a price target of $46.00. The company’s shares closed last Tuesday at $25.48.
According to TipRanks.com, McGovern is a 2-star analyst with an average return of
Chewy has an analyst consensus of Strong Buy, with a price target consensus of $46.20, an 84.1% upside from current levels. In a report issued on February 19, Raymond James also upgraded the stock to Buy with a $28.00 price target.
Revolve Group (RVLV)
KeyBanc analyst Ashley Owens maintained a Buy rating on Revolve Group today. The company’s shares closed last Tuesday at $25.90.
According to TipRanks.com, Owens ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Revolve Group has an analyst consensus of Moderate Buy, with a price target consensus of $28.43, which is a 16.6% upside from current levels. In a report released today, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $28.00 price target.
