This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Mohawk (MHK), Choice Hotels (CHH) and SharkNinja, Inc. (SN)

Tipranks - Thu May 7, 7:40AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Mohawk (MHK), Choice Hotels (CHH) and SharkNinja, Inc. (SN).

Claim 55% Off TipRanks

Mohawk (MHK)

In a report released today, Michael Rehaut from J.P. Morgan maintained a Buy rating on Mohawk, with a price target of $138.00. The company’s shares closed last Tuesday at $97.39.

According to TipRanks.com, Rehaut is a 4-star analyst with an average return of 5.9% and a 55.7% success rate. Rehaut covers the NA sector, focusing on stocks such as Installed Building Products, Taylor Morrison, and Toll Brothers. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mohawk with a $120.55 average price target, which is a 26.3% upside from current levels. In a report issued on April 27, Raymond James also maintained a Buy rating on the stock with a $140.00 price target.

See today’s best-performing stocks on TipRanks >>

Choice Hotels (CHH)

J.P. Morgan analyst Daniel Politzer maintained a Hold rating on Choice Hotels today and set a price target of $116.00. The company’s shares closed last Tuesday at $102.72.

According to TipRanks.com, Politzer is a 4-star analyst with an average return of 6.3% and a 48.7% success rate. Politzer covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Wyndham Hotels & Resorts, and Rush Street Interactive. ;'>

Choice Hotels has an analyst consensus of Moderate Sell, with a price target consensus of $109.38, an 11.1% upside from current levels. In a report issued on April 30, TipRanks – xAI also downgraded the stock to Hold with a $129.00 price target.

SharkNinja, Inc. (SN)

In a report released today, Jonna Kim from TD Cowen reiterated a Buy rating on SharkNinja, Inc., with a price target of $145.00. The company’s shares closed last Tuesday at $117.41, close to its 52-week high of $123.00.

According to TipRanks.com, Kim is a 3-star analyst with an average return of 5.4% and a 41.2% success rate. Kim covers the NA sector, focusing on stocks such as Bath & Body Works, Victoria’s Secret, and Olaplex Holdings. ;'>

SharkNinja, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $150.67, which is a 28.8% upside from current levels. In a report issued on May 4, Canaccord Genuity also maintained a Buy rating on the stock with a $161.00 price target.

Read More on MHK:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.