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Analysts Offer Insights on Consumer Cyclical Companies: TJX Companies (TJX) and Tesla (TSLA)

Tipranks - Tue Jul 7, 9:42PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on TJX Companies (TJX) and Tesla (TSLA).

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TJX Companies (TJX)

In a report released yesterday, Joseph Civello from Truist Financial maintained a Buy rating on TJX Companies, with a price target of $175.00. The company’s shares closed last Monday at $151.31.

According to TipRanks.com, Civello ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.6% and a 35.8% success rate. Civello covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Lululemon Athletica. ;'>

Currently, the analyst consensus on TJX Companies is a Strong Buy with an average price target of $179.58, representing a 17.4% upside. In a report issued on June 23, Bank of America Securities also reiterated a Buy rating on the stock with a $175.00 price target.

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Tesla (TSLA)

In a report released yesterday, William Stein from Truist Financial maintained a Hold rating on Tesla, with a price target of $430.00. The company’s shares closed last Monday at $419.77.

According to TipRanks.com, Stein is a top 25 analyst with an average return of 39.4% and a 75.8% success rate. Stein covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and NXP Semiconductors. ;'>

Tesla has an analyst consensus of Hold, with a price target consensus of $398.52, a 0.3% upside from current levels. In a report issued on June 22, Jefferies also maintained a Hold rating on the stock with a $375.00 price target.

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