Analysts Offer Insights on Consumer Cyclical Companies: Under Armour (UAA) and CarGurus (CARG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Under Armour (UAA) and CarGurus (CARG) with bullish sentiments.
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Under Armour (UAA)
Williams Trading analyst Sam Poser maintained a Buy rating on Under Armour today and set a price target of $6.50. The company’s shares closed last Tuesday at $5.03.
According to TipRanks.com, Poser is a 5-star analyst with an average return of
Currently, the analyst consensus on Under Armour is a Hold with an average price target of $6.33, representing a 22.2% upside. In a report issued on May 5, UBS also maintained a Buy rating on the stock with a $11.00 price target.
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CarGurus (CARG)
In a report released today, Jed Kelly from Oppenheimer maintained a Buy rating on CarGurus, with a price target of $38.00. The company’s shares closed last Tuesday at $31.57.
According to TipRanks.com, Kelly is a 4-star analyst with an average return of
Currently, the analyst consensus on CarGurus is a Moderate Buy with an average price target of $38.50, which is a 18.8% upside from current levels. In a report issued on May 7, BTIG also maintained a Buy rating on the stock with a $40.00 price target.
Read More on UAA:
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- Under Armour price target lowered to $6.40 from $8 at BofA
- Under Armour price target lowered to $5.50 from $8 at Baird
- Under Armour price target lowered to $4.75 from $6.20 at Citi
- Robert Drbul Reiterates Hold as Margin Pressure, Uneven Demand and Rich Valuation Limit Upside Despite Slight Revenue Beat
- Under Armour price target lowered to $5 from $8 at Barclays
