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Analysts Offer Insights on Consumer Cyclical Companies: Portillo’s (PTLO), Wayfair (W) and Coupang (CPNG)

Tipranks - Thu May 7, 5:32AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Portillo’s (PTLO), Wayfair (W) and Coupang (CPNG).

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Portillo’s (PTLO)

In a report released yesterday, Brian Harbour from Morgan Stanley maintained a Hold rating on Portillo’s, with a price target of $6.00. The company’s shares closed last Tuesday at $4.79.

According to TipRanks.com, Harbour is a 1-star analyst with an average return of -1.9% and a 44.6% success rate. Harbour covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, Restaurant Brands International, and Brinker International. ;'>

Portillo’s has an analyst consensus of Hold, with a price target consensus of $6.32, implying a 10.3% upside from current levels. In a report issued on April 24, Bank of America Securities also maintained a Hold rating on the stock with a $7.00 price target.

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Wayfair (W)

In a report released yesterday, Simeon Gutman from Morgan Stanley maintained a Buy rating on Wayfair, with a price target of $110.00. The company’s shares closed last Tuesday at $63.20.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 3.1% and a 58.9% success rate. Gutman covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and National Vision Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wayfair with a $96.52 average price target, a 46.8% upside from current levels. In a report issued on April 23, Truist Financial also maintained a Buy rating on the stock with a $105.00 price target.

Coupang (CPNG)

Morgan Stanley analyst Seyon Park maintained a Buy rating on Coupang today and set a price target of $29.00. The company’s shares closed last Tuesday at $20.76.

Park has an average return of 11.3% when recommending Coupang. ;'>

According to TipRanks.com, Park is ranked #6264 out of 12228 analysts.

Coupang has an analyst consensus of Moderate Buy, with a price target consensus of $26.22, implying a 28.6% upside from current levels. In a report issued on April 23, Barclays also maintained a Buy rating on the stock with a $30.00 price target.

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