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Analysts Offer Insights on Consumer Cyclical Companies: TJX Companies (TJX), Lowe’s (LOW) and Steven Madden (SHOO)

Tipranks - Thu Feb 26, 8:20PM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on TJX Companies (TJXResearch Report), Lowe’s (LOWResearch Report) and Steven Madden (SHOOResearch Report) with bullish sentiments.

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TJX Companies (TJX)

In a report released yesterday, Robert Drbul from BTIG maintained a Buy rating on TJX Companies, with a price target of $185.00. The company’s shares closed last Wednesday at $155.82.

According to TipRanks.com, Drbul is a 4-star analyst with an average return of 5.1% and a 53.9% success rate. Drbul covers the NA sector, focusing on stocks such as G-III Apparel Group, Columbia Sportswear, and Levi Strauss & Co. ;'>

Currently, the analyst consensus on TJX Companies is a Strong Buy with an average price target of $172.40, a 9.4% upside from current levels. In a report issued on February 10, Citi also maintained a Buy rating on the stock with a $168.00 price target.

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Lowe’s (LOW)

Bank of America Securities analyst Robert Ohmes reiterated a Buy rating on Lowe’s yesterday and set a price target of $280.00. The company’s shares closed last Wednesday at $263.02.

According to TipRanks.com, Ohmes is a 5-star analyst with an average return of 8.0% and a 58.9% success rate. Ohmes covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Advance Auto Parts. ;'>

Lowe’s has an analyst consensus of Strong Buy, with a price target consensus of $295.38, implying a 10.9% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $311.00 price target.

Steven Madden (SHOO)

BTIG analyst Janine Stichter reiterated a Buy rating on Steven Madden yesterday and set a price target of $50.00. The company’s shares closed last Wednesday at $35.82.

According to TipRanks.com, Stichter is a 4-star analyst with an average return of 6.3% and a 45.8% success rate. Stichter covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Oxford Industries. ;'>

Currently, the analyst consensus on Steven Madden is a Moderate Buy with an average price target of $44.71, which is a 24.5% upside from current levels. In a report issued on February 12, Telsey Advisory also maintained a Buy rating on the stock with a $50.00 price target.

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