Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Best Buy Co (BBY) and Wayfair (W)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Best Buy Co (BBY) and Wayfair (W).
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Best Buy Co (BBY)
In a report released today, Scot Ciccarelli from Truist Financial maintained a Hold rating on Best Buy Co. The company’s shares closed last Friday at $71.54, close to its 52-week low of $69.29.
According to TipRanks.com, Ciccarelli is a 5-star analyst with an average return of
Best Buy Co has an analyst consensus of Hold, with a price target consensus of $76.15, representing a 7.2% upside. In a report issued on May 29, UBS also downgraded the stock to Hold with a $86.00 price target.
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Wayfair (W)
In a report released today, Youssef Squali from Truist Financial maintained a Buy rating on Wayfair. The company’s shares closed last Friday at $68.35.
According to TipRanks.com, Squali is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wayfair with a $95.39 average price target.
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Disclaimer & DisclosureReport an Issue
- Meta Lab at Best Buy to open in more than 50 stores
- Best Buy Faces Earnings Pressure From Interest Rates, Currency Swings and Shifting Consumer Spending
- Union Pacific, Nucor, Best Buy, JetBlue, Cipher Shaken
- Best Buy price target raised to $90 from $78 at DA Davidson
- WTRG, CZR, GAP, S, BBY Trending With Analysts
