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Analysts Offer Insights on Consumer Cyclical Companies: National Vision Holdings (EYE), Alibaba (BABA) and Tractor Supply (TSCO)

Tipranks - Fri May 15, 8:44AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on National Vision Holdings (EYE), Alibaba (BABA) and Tractor Supply (TSCO).

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National Vision Holdings (EYE)

In a report released yesterday, Kate McShane from Goldman Sachs maintained a Hold rating on National Vision Holdings, with a price target of $24.00. The company’s shares closed last Thursday at $16.60.

According to TipRanks.com, McShane is a 4-star analyst with an average return of 5.3% and a 57.9% success rate. McShane covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and Life Time Group Holdings. ;'>

Currently, the analyst consensus on National Vision Holdings is a Moderate Buy with an average price target of $29.67, implying a 75.4% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $22.00 price target.

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Alibaba (BABA)

In a report released today, Ronald Keung from Goldman Sachs maintained a Buy rating on Alibaba, with a price target of $186.00. The company’s shares closed last Thursday at $140.32, close to its 52-week high of $148.43.

Keung has an average return of 11.3% when recommending Alibaba. ;'>

According to TipRanks.com, Keung is ranked #10334 out of 12246 analysts.

Currently, the analyst consensus on Alibaba is a Strong Buy with an average price target of $189.01, representing a 29.6% upside. In a report issued on May 12, Benchmark Co. also maintained a Buy rating on the stock with a $220.00 price target.

Tractor Supply (TSCO)

Wolfe Research analyst Spencer Hanus maintained a Buy rating on Tractor Supply yesterday and set a price target of $48.00. The company’s shares closed last Thursday at $30.13.

According to TipRanks.com, Hanus is ranked #8145 out of 12246 analysts.

Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $48.00, implying a 60.8% upside from current levels. In a report issued on May 4, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $39.00 price target.

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