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Analysts Offer Insights on Consumer Cyclical Companies: Stitch Fix (SFIX) and Chewy (CHWY)

Tipranks - Fri Apr 10, 6:28AM CDT

Analysts fell to the sidelines weighing in on Stitch Fix (SFIX) and Chewy (CHWY) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Stitch Fix (SFIX)

In a report released today, Aneesha Sherman from Bernstein maintained a Hold rating on Stitch Fix. The company’s shares closed last Wednesday at $3.12.

According to TipRanks.com, Sherman is a 3-star analyst with an average return of 2.7% and a 45.4% success rate. Sherman covers the NA sector, focusing on stocks such as Lululemon Athletica, Peloton Interactive, and Burlington Stores. ;'>

Currently, the analyst consensus on Stitch Fix is a Hold with an average price target of $4.50, representing a 37.6% upside. In a report issued on April 2, TipRanks – xAI also reiterated a Hold rating on the stock with a $3.00 price target.

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Chewy (CHWY)

Needham analyst Bernie McTernan maintained a Hold rating on Chewy today. The company’s shares closed last Wednesday at $26.46.

According to TipRanks.com, McTernan is a 2-star analyst with an average return of 0.0% and a 40.8% success rate. McTernan covers the NA sector, focusing on stocks such as Genius Sports Limited, Zillow Group Class C, and Fiverr International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chewy with a $41.56 average price target, representing a 53.2% upside. In a report issued on March 25, TipRanks – xAI also reiterated a Hold rating on the stock with a $24.00 price target.

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