Analysts Offer Insights on Consumer Cyclical Companies: Ulta Beauty (ULTA) and Darden Restaurants (DRI)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ulta Beauty (ULTA) and Darden Restaurants (DRI) with bullish sentiments.
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Ulta Beauty (ULTA)
In a report released today, Michael Binetti from Evercore ISI maintained a Buy rating on Ulta Beauty, with a price target of $675.00. The company’s shares closed last Wednesday at $532.82.
According to TipRanks.com, Binetti is a 4-star analyst with an average return of
Currently, the analyst consensus on Ulta Beauty is a Moderate Buy with an average price target of $712.53, a 31.2% upside from current levels. In a report issued on April 3, UBS also maintained a Buy rating on the stock with a $810.00 price target.
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Darden Restaurants (DRI)
Oppenheimer analyst Brian Bittner reiterated a Buy rating on Darden Restaurants today and set a price target of $235.00. The company’s shares closed last Wednesday at $195.65.
According to TipRanks.com, Bittner is a 4-star analyst with an average return of
Currently, the analyst consensus on Darden Restaurants is a Moderate Buy with an average price target of $226.88, a 16.6% upside from current levels. In a report issued on April 7, Bank of America Securities also maintained a Buy rating on the stock.
Read More on ULTA:
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