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Analysts’ Top Consumer Cyclical Picks: Ulta Beauty (ULTA), Nike (NKE)

Tipranks - Fri Jun 5, 5:32PM CDT

Analysts fell to the sidelines weighing in on Ulta Beauty (ULTA) and Nike (NKE) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Ulta Beauty (ULTA)

In a report released today, Dylan Carden from William Blair maintained a Hold rating on Ulta Beauty. The company’s shares closed last Thursday at $462.52.

According to TipRanks.com, Carden is a 4-star analyst with an average return of 4.7% and a 44.8% success rate. Carden covers the NA sector, focusing on stocks such as Savers Value Village Inc., National Vision Holdings, and Brilliant Earth Group. ;'>

Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $639.55, a 33.6% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also downgraded the stock to Hold with a $542.00 price target.

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Nike (NKE)

In a report released today, Tom Nikic from Needham maintained a Hold rating on Nike. The company’s shares closed last Thursday at $43.62.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 7.4% and a 50.2% success rate. Nikic covers the NA sector, focusing on stocks such as Wolverine World Wide, Lululemon Athletica, and Columbia Sportswear. ;'>

Nike has an analyst consensus of Moderate Buy, with a price target consensus of $59.43.

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