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Analysts Offer Insights on Consumer Cyclical Companies: Under Armour (UAA) and CarGurus (CARG)

Tipranks - Thu May 14, 7:24AM CDT

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 17.2% and a 51.8% success rate. Poser covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Steven Madden. ;'>

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 3.3% and a 48.4% success rate. Kelly covers the NA sector, focusing on stocks such as Rush Street Interactive, Super Group (SGHC), and Booking Holdings. ;'>

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.

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