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Analysts’ Top Consumer Cyclical Picks: Tapestry (TPR), Boot Barn (BOOT)

Tipranks - Wed Jun 3, 11:56AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Tapestry (TPR) and Boot Barn (BOOT) with bullish sentiments.

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Tapestry (TPR)

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Tapestry today and set a price target of $160.00. The company’s shares closed last Tuesday at $139.59.

According to TipRanks.com, Telsey is a 1-star analyst with an average return of -0.3% and a 42.3% success rate. Telsey covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Brilliant Earth Group, and Wolverine World Wide. ;'>

Tapestry has an analyst consensus of Strong Buy, with a price target consensus of $175.08, representing a 26.4% upside. In a report issued on May 22, Argus Research also maintained a Buy rating on the stock.

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Boot Barn (BOOT)

William Blair analyst Dylan Carden maintained a Buy rating on Boot Barn today. The company’s shares closed last Tuesday at $172.96, close to its 52-week high of $176.64.

According to TipRanks.com, Carden is a 4-star analyst with an average return of 5.6% and a 45.6% success rate. Carden covers the NA sector, focusing on stocks such as Savers Value Village Inc., National Vision Holdings, and Brilliant Earth Group. ;'>

Currently, the analyst consensus on Boot Barn is a Strong Buy with an average price target of $228.00, representing a 34.8% upside. In a report issued on May 29, TipRanks – xAI also upgraded the stock to Buy with a $184.00 price target.

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