Analysts Offer Insights on Consumer Cyclical Companies: SharkNinja, Inc. (SN) and Chewy (CHWY)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on SharkNinja, Inc. (SN – Research Report) and Chewy (CHWY – Research Report).
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SharkNinja, Inc. (SN)
Morgan Stanley analyst Megan Alexander maintained a Hold rating on SharkNinja, Inc. yesterday and set a price target of $110.00. The company’s shares closed last Tuesday at $122.78, close to its 52-week high of $123.00.
According to TipRanks.com, Alexander is ranked #8630 out of 12040 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SharkNinja, Inc. with a $140.25 average price target.
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Chewy (CHWY)
Bank of America Securities analyst Mike McGovern reiterated a Buy rating on Chewy yesterday and set a price target of $46.00. The company’s shares closed last Tuesday at $32.97.
According to TipRanks.com, McGovern is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chewy with a $47.19 average price target, which is a 41.3% upside from current levels. In a report issued on January 5, Wolfe Research also maintained a Buy rating on the stock with a $44.00 price target.
