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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Thu Jan 22, 6:40AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Levi Strauss & Co (LEVIResearch Report) and Sally Beauty (SBHResearch Report) with bullish sentiments.

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Levi Strauss & Co (LEVI)

Stifel Nicolaus analyst Peter McGoldrick maintained a Buy rating on Levi Strauss & Co today and set a price target of $27.00. The company’s shares closed last Tuesday at $20.96.

According to TipRanks.com, McGoldrick is a 3-star analyst with an average return of 3.1% and a 61.3% success rate. McGoldrick covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Levi Strauss & Co with a $27.75 average price target, a 30.0% upside from current levels. In a report issued on January 12, UBS also maintained a Buy rating on the stock with a $33.00 price target.

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Sally Beauty (SBH)

Canaccord Genuity analyst Susan Anderson maintained a Buy rating on Sally Beauty yesterday. The company’s shares closed last Tuesday at $16.05.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 18.2% and a 44.8% success rate. Anderson covers the NA sector, focusing on stocks such as Peloton Interactive, Olaplex Holdings, and Ulta Beauty. ;'>

Sally Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $16.13, which is a 6.4% upside from current levels. In a report released today, Raymond James also upgraded the stock to Buy with a $19.00 price target.

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