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Analysts Offer Insights on Consumer Cyclical Companies: Lululemon Athletica (LULU) and Texas Roadhouse (TXRH)

Tipranks - Sat Jun 6, 8:28AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Lululemon Athletica (LULU) and Texas Roadhouse (TXRH).

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Lululemon Athletica (LULU)

Wells Fargo analyst Ike Boruchow assigned a Hold rating to Lululemon Athletica today and set a price target of $110.00. The company’s shares closed last Thursday at $124.92.

According to TipRanks.com, Boruchow is a 2-star analyst with an average return of 0.3% and a 44.9% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Canada Goose Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Lululemon Athletica with a $153.19 average price target, implying a 19.1% upside from current levels. In a report released today, Bernstein also downgraded the stock to Hold with a $145.00 price target.

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Texas Roadhouse (TXRH)

TD Cowen analyst Andrew Charles assigned a Buy rating to Texas Roadhouse yesterday and set a price target of $205.00. The company’s shares closed last Thursday at $161.30.

According to TipRanks.com, Charles is a 4-star analyst with an average return of 5.5% and a 47.6% success rate. Charles covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Brinker International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Roadhouse with a $196.76 average price target, representing a 17.1% upside. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $210.00 price target.

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