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Analysts Are Bullish on Top Consumer Cyclical Stocks: Starbucks (SBUX), Carvana Co (CVNA)

Tipranks - Fri Jul 31, 5:58AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Starbucks (SBUX), Carvana Co (CVNA) and O’Reilly Auto (ORLY) with bullish sentiments.

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Starbucks (SBUX)

Morgan Stanley analyst Brian Harbour maintained a Buy rating on Starbucks today and set a price target of $115.00. The company’s shares closed last Wednesday at $104.14.

According to TipRanks.com, Harbour is a 1-star analyst with an average return of -1.4% and a 51.9% success rate. Harbour covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and Cheesecake Factory. ;'>

Starbucks has an analyst consensus of Moderate Buy, with a price target consensus of $116.20, a 12.1% upside from current levels. In a report issued on July 15, Bernstein also maintained a Buy rating on the stock with a $110.00 price target.

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Carvana Co (CVNA)

In a report released today, Daniela Haigian from Morgan Stanley reiterated a Buy rating on Carvana Co, with a price target of $90.00. The company’s shares closed last Wednesday at $66.32.

According to TipRanks.com, Haigian is a 1-star analyst with an average return of -1.5% and a 47.6% success rate. Haigian covers the NA sector, focusing on stocks such as Penske Automotive Group, Lithia Motors, and CarMax. ;'>

Carvana Co has an analyst consensus of Strong Buy, with a price target consensus of $87.93, which is a 35.2% upside from current levels. In a report issued on July 22, Barclays also maintained a Buy rating on the stock with a $94.00 price target.

O’Reilly Auto (ORLY)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Buy rating on O’Reilly Auto, with a price target of $108.00. The company’s shares closed last Wednesday at $90.63.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 4.3% and a 57.9% success rate. Gutman covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and National Vision Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for O’Reilly Auto with a $111.33 average price target, which is a 23.8% upside from current levels. In a report issued on July 21, RBC Capital also maintained a Buy rating on the stock with a $110.00 price target.

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