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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Airbnb (ABNB) and Urban Outfitters (URBN)

Tipranks - Fri May 22, 5:48AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Airbnb (ABNB) and Urban Outfitters (URBN).

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Airbnb (ABNB)

In a report released today, Ken Gawrelski from Wells Fargo maintained a Buy rating on Airbnb, with a price target of $181.00. The company’s shares closed last Wednesday at $135.55.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 5.5% and a 50.8% success rate. Gawrelski covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Meta Platforms. ;'>

Currently, the analyst consensus on Airbnb is a Moderate Buy with an average price target of $161.73, a 23.1% upside from current levels. In a report issued on May 8, TipRanks – xAI also upgraded the stock to Buy with a $159.00 price target.

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Urban Outfitters (URBN)

Wells Fargo analyst Ike Boruchow assigned a Hold rating to Urban Outfitters today and set a price target of $75.00. The company’s shares closed last Wednesday at $71.67.

According to TipRanks.com, Boruchow is a 1-star analyst with an average return of -0.3% and a 45.2% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Canada Goose Holdings. ;'>

Currently, the analyst consensus on Urban Outfitters is a Moderate Buy with an average price target of $88.43, implying a 28.3% upside from current levels. In a report issued on May 14, UBS also maintained a Hold rating on the stock with a $80.00 price target.

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