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Analysts Offer Insights on Consumer Cyclical Companies: Wayfair (W) and Shake Shack (SHAK)

Tipranks - Fri Jan 23, 6:24AM CST

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Wayfair (WResearch Report) and Shake Shack (SHAKResearch Report).

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Wayfair (W)

Piper Sandler analyst Peter Keith maintained a Buy rating on Wayfair today and set a price target of $125.00. The company’s shares closed last Wednesday at $110.39.

According to TipRanks.com, Keith is a 5-star analyst with an average return of 12.0% and a 54.9% success rate. Keith covers the NA sector, focusing on stocks such as Savers Value Village Inc., Somnigroup International, and Driven Brands Holdings. ;'>

Wayfair has an analyst consensus of Moderate Buy, with a price target consensus of $117.42, representing an 8.6% upside. In a report issued on January 7, Wells Fargo also maintained a Buy rating on the stock with a $125.00 price target.

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Shake Shack (SHAK)

Wells Fargo analyst Anthony Trainor maintained a Hold rating on Shake Shack today and set a price target of $90.00. The company’s shares closed last Wednesday at $94.81.

According to TipRanks.com, Trainor has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -13.2% and a 33.3% success rate. Trainor covers the NA sector, focusing on stocks such as Cracker Barrel, Dutch Bros Inc, and Sweetgreen. ;'>

Shake Shack has an analyst consensus of Moderate Buy, with a price target consensus of $108.27, representing a 12.6% upside. In a report issued on January 12, TD Cowen also maintained a Hold rating on the stock with a $100.00 price target.

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