Analysts Offer Insights on Consumer Cyclical Companies: thredUP (TDUP) and Ulta Beauty (ULTA)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on thredUP (TDUP) and Ulta Beauty (ULTA) with bullish sentiments.
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thredUP (TDUP)
TD Cowen analyst Oliver Chen initiated coverage with a Buy rating on thredUP today and set a price target of $5.00. The company’s shares closed last Thursday at $3.36.
According to TipRanks.com, Chen is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for thredUP with a $8.70 average price target.
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Ulta Beauty (ULTA)
UBS analyst Michael Lasser maintained a Buy rating on Ulta Beauty on April 3 and set a price target of $810.00. The company’s shares closed last Thursday at $537.39.
According to TipRanks.com, Lasser is a 5-star analyst with an average return of
Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $712.53, a 34.8% upside from current levels. In a report issued on March 26, Evercore ISI also maintained a Buy rating on the stock with a $675.00 price target.
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