Skip to main content

Analysts Conflicted on These Consumer Cyclical Names: Tractor Supply (TSCO), Deckers Outdoor (DECK) and EVgo (EVGO)

Tipranks - Wed Jan 28, 4:48AM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Tractor Supply (TSCOResearch Report), Deckers Outdoor (DECKResearch Report) and EVgo (EVGOResearch Report).

Claim 50% Off TipRanks Premium

Tractor Supply (TSCO)

Evercore ISI analyst Oliver Wintermantel maintained a Buy rating on Tractor Supply yesterday and set a price target of $65.00. The company’s shares closed last Monday at $55.56.

According to TipRanks.com, Wintermantel is a 5-star analyst with an average return of 43.5% and a 77.8% success rate. Wintermantel covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Williams-Sonoma, and Wayfair. ;'>

Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $59.54, a 7.8% upside from current levels. In a report issued on January 16, Citi also maintained a Buy rating on the stock with a $61.00 price target.

See the top stocks recommended by analysts >>

Deckers Outdoor (DECK)

In a report released yesterday, Michael Binetti from Evercore ISI maintained a Hold rating on Deckers Outdoor, with a price target of $90.00. The company’s shares closed last Monday at $101.30.

According to TipRanks.com, Binetti is a 4-star analyst with an average return of 6.9% and a 55.5% success rate. Binetti covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Canada Goose Holdings, and Lululemon Athletica. ;'>

Currently, the analyst consensus on Deckers Outdoor is a Moderate Buy with an average price target of $112.00, representing a 13.3% upside. In a report issued on January 14, Jefferies also initiated coverage with a Hold rating on the stock with a $102.00 price target.

EVgo (EVGO)

J.P. Morgan analyst Bill Peterson maintained a Buy rating on EVgo yesterday and set a price target of $6.00. The company’s shares closed last Monday at $3.09.

According to TipRanks.com, Peterson is a 4-star analyst with an average return of 4.1% and a 51.6% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Lithium Americas Corp., and Ivanhoe Electric Inc. ;'>

Currently, the analyst consensus on EVgo is a Strong Buy with an average price target of $5.65, implying an 83.4% upside from current levels. In a report issued on January 20, RBC Capital also maintained a Buy rating on the stock with a $7.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.