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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Sat Jan 31, 10:24AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Tractor Supply (TSCOResearch Report) and PulteGroup (PHMResearch Report) with bullish sentiments.

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Tractor Supply (TSCO)

In a report released today, Robert Ohmes from Bank of America Securities maintained a Buy rating on Tractor Supply. The company’s shares closed last Friday at $51.49.

According to TipRanks.com, Ohmes is a 5-star analyst with an average return of 7.7% and a 58.2% success rate. Ohmes covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, National Vision Holdings, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tractor Supply with a $57.88 average price target, a 12.6% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $61.00 price target.

See the top stocks recommended by analysts >>

PulteGroup (PHM)

In a report released today, Rafe Jadrosich from Bank of America Securities maintained a Buy rating on PulteGroup. The company’s shares closed last Friday at $124.77.

According to TipRanks.com, Jadrosich is a 5-star analyst with an average return of 9.5% and a 56.7% success rate. Jadrosich covers the NA sector, focusing on stocks such as Somnigroup International, Dream Finders Homes, and Taylor Morrison. ;'>

Currently, the analyst consensus on PulteGroup is a Moderate Buy with an average price target of $139.33, implying a 10.0% upside from current levels. In a report issued on January 15, TipRanks – xAI also upgraded the stock to Buy with a $148.00 price target.

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