Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Mercadolibre (MELI), Sweetgreen (SG) and Li Auto (LI)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mercadolibre (MELI – Research Report), Sweetgreen (SG – Research Report) and Li Auto (LI – Research Report).
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Mercadolibre (MELI)
In a report issued on February 25, Irma Sgarz from Goldman Sachs maintained a Buy rating on Mercadolibre, with a price target of $2850.00. The company’s shares closed last Thursday at $1740.88.
Sgarz has an average return of
According to TipRanks.com, Sgarz is ranked #2709 out of 12136 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mercadolibre with a $2715.00 average price target, representing a 51.6% upside. In a report issued on February 12, J.P. Morgan also upgraded the stock to Buy with a $2800.00 price target.
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Sweetgreen (SG)
In a report released today, Sharon Zackfia from William Blair maintained a Hold rating on Sweetgreen. The company’s shares closed last Thursday at $6.14.
According to TipRanks.com, Zackfia is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Sweetgreen with a $7.23 average price target, a 24.0% upside from current levels. In a report issued on February 23, UBS also maintained a Hold rating on the stock with a $6.50 price target.
Li Auto (LI)
Bank of America Securities analyst Ming-Hsun Lee reiterated a Hold rating on Li Auto yesterday and set a price target of $22.00. The company’s shares closed last Thursday at $17.90, close to its 52-week low of $17.44.
According to TipRanks.com, Lee is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Li Auto with a $20.78 average price target.
