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Analysts Offer Insights on Consumer Cyclical Companies: Urban Outfitters (URBN) and Lowe’s (LOW)

Tipranks - Fri Feb 27, 7:17AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Urban Outfitters (URBNResearch Report) and Lowe’s (LOWResearch Report) with bullish sentiments.

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Urban Outfitters (URBN)

J.P. Morgan analyst Matthew Boss maintained a Buy rating on Urban Outfitters today and set a price target of $94.00. The company’s shares closed last Wednesday at $65.46.

According to TipRanks.com, Boss is a 4-star analyst with an average return of 7.0% and a 54.3% success rate. Boss covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, Lucky Strike Entertainment, and Savers Value Village Inc. ;'>

Urban Outfitters has an analyst consensus of Moderate Buy, with a price target consensus of $87.78, representing a 36.0% upside. In a report issued on February 19, Telsey Advisory also maintained a Buy rating on the stock with a $98.00 price target.

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Lowe’s (LOW)

In a report released today, Scot Ciccarelli from Truist Financial maintained a Buy rating on Lowe’s, with a price target of $293.00. The company’s shares closed last Wednesday at $263.02.

According to TipRanks.com, Ciccarelli is a top 100 analyst with an average return of 17.3% and a 72.7% success rate. Ciccarelli covers the NA sector, focusing on stocks such as Genuine Parts Company, Advance Auto Parts, and Tractor Supply. ;'>

Lowe’s has an analyst consensus of Strong Buy, with a price target consensus of $293.65, representing a 10.3% upside. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $311.00 price target.

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