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Analysts Offer Insights on Consumer Cyclical Companies: Darden Restaurants (DRI), Modine (MOD) and Tapestry (TPR)

Tipranks - Thu May 28, 5:00AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Darden Restaurants (DRI), Modine (MOD) and Tapestry (TPR) with bullish sentiments.

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Darden Restaurants (DRI)

In a report released today, Christopher Carril from KeyBanc maintained a Buy rating on Darden Restaurants. The company’s shares closed last Tuesday at $203.83, close to its 52-week high of $211.00.

According to TipRanks.com, Carril is a 5-star analyst with an average return of 16.0% and a 64.5% success rate. Carril covers the NA sector, focusing on stocks such as Brinker International, Dine Brands Global, and CAVA Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Darden Restaurants with a $226.94 average price target, an 11.6% upside from current levels. In a report issued on May 12, Bernstein also maintained a Buy rating on the stock with a $230.00 price target.

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Modine (MOD)

KeyBanc analyst Jeffrey Hammond maintained a Buy rating on Modine today and set a price target of $370.00. The company’s shares closed last Tuesday at $295.88.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 14.4% and a 63.2% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Janus International Group, and Advanced Drainage Systems. ;'>

Modine has an analyst consensus of Strong Buy, with a price target consensus of $291.60, implying a -5.0% downside from current levels. In a report issued on May 20, D.A. Davidson also maintained a Buy rating on the stock.

Tapestry (TPR)

In a report released today, Adrienne Yih from Barclays maintained a Buy rating on Tapestry, with a price target of $179.00. The company’s shares closed last Tuesday at $140.62.

According to TipRanks.com, Yih is a 3-star analyst with an average return of 2.4% and a 46.8% success rate. Yih covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, National Vision Holdings, and Dick’s Sporting Goods. ;'>

Currently, the analyst consensus on Tapestry is a Strong Buy with an average price target of $175.08, representing a 24.8% upside. In a report issued on May 12, Telsey Advisory also maintained a Buy rating on the stock with a $160.00 price target.

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