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Analysts Conflicted on These Consumer Cyclical Names: Signet Jewelers (SIG) and Steven Madden (SHOO)

Tipranks - Thu Jun 4, 7:56AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Signet Jewelers (SIG) and Steven Madden (SHOO).

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Signet Jewelers (SIG)

UBS analyst Mauricio Serna reiterated a Buy rating on Signet Jewelers today and set a price target of $121.00. The company’s shares closed last Tuesday at $88.00.

According to TipRanks.com, Serna is a 4-star analyst with an average return of 9.6% and a 44.1% success rate. Serna covers the NA sector, focusing on stocks such as Wolverine World Wide, G-III Apparel Group, and Columbia Sportswear. ;'>

Signet Jewelers has an analyst consensus of Moderate Buy, with a price target consensus of $112.17, a 24.9% upside from current levels. In a report issued on May 20, TipRanks – Google also upgraded the stock to Buy with a $81.00 price target.

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Steven Madden (SHOO)

UBS analyst Jay Sole maintained a Hold rating on Steven Madden today and set a price target of $40.00. The company’s shares closed last Tuesday at $44.27.

According to TipRanks.com, Sole is a 4-star analyst with an average return of 5.7% and a 52.3% success rate. Sole covers the NA sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Amer Sports, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Steven Madden with a $47.43 average price target, a 10.4% upside from current levels. In a report issued on May 22, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $44.00 price target.

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