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Analysts Offer Insights on Consumer Cyclical Companies: Thor Industries (THO), Mohawk (MHK) and The Lovesac Company (LOVE)

Tipranks - Sat Jun 13, 8:44AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Thor Industries (THO), Mohawk (MHK) and The Lovesac Company (LOVE).

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Thor Industries (THO)

Argus Research analyst Bill Selesky maintained a Hold rating on Thor Industries yesterday. The company’s shares closed last Friday at $77.89, close to its 52-week low of $75.78.

According to TipRanks.com, Selesky is a 4-star analyst with an average return of 7.8% and a 58.4% success rate. Selesky covers the NA sector, focusing on stocks such as National Fuel Gas Company, HF Sinclair Corporation, and Kinder Morgan. ;'>

Currently, the analyst consensus on Thor Industries is a Moderate Buy with an average price target of $92.00, a 19.9% upside from current levels. In a report issued on May 27, Citi also maintained a Hold rating on the stock with a $82.00 price target.

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Mohawk (MHK)

Evercore ISI analyst Stephen Kim maintained a Hold rating on Mohawk today and set a price target of $110.00. The company’s shares closed last Friday at $107.44, close to its 52-week low of $104.88.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 14.9% and a 60.7% success rate. Kim covers the NA sector, focusing on stocks such as Installed Building Products, Toll Brothers, and PulteGroup. ;'>

Currently, the analyst consensus on Mohawk is a Moderate Buy with an average price target of $117.20, implying a 7.2% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $111.00 price target.

The Lovesac Company (LOVE)

In a report released today, Tom Forte from Maxim Group reiterated a Buy rating on The Lovesac Company, with a price target of $26.00. The company’s shares closed last Thursday at $16.30, close to its 52-week low of $15.22.

According to TipRanks.com, Forte is a 4-star analyst with an average return of 5.1% and a 43.5% success rate. Forte covers the NA sector, focusing on stocks such as Interactive Strength Inc, Light & Wonder, and Jakks Pacific. ;'>

The Lovesac Company has an analyst consensus of Strong Buy, with a price target consensus of $22.00, which is a 42.9% upside from current levels. In a report issued on June 4, Craig-Hallum also maintained a Buy rating on the stock.

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