This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Wayfair (W) and eBay (EBAY)

Tipranks - Fri Jun 19, 5:50AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Wayfair (W) and eBay (EBAY).

Claim 55% Off TipRanks

Wayfair (W)

Wells Fargo analyst Zachary Fadem maintained a Buy rating on Wayfair today and set a price target of $100.00. The company’s shares closed last Wednesday at $81.59.

According to TipRanks.com, Fadem is a 4-star analyst with an average return of 3.3% and a 53.0% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Restaurant Brands International, and Darden Restaurants. ;'>

Currently, the analyst consensus on Wayfair is a Moderate Buy with an average price target of $95.17, which is a 14.7% upside from current levels. In a report issued on June 8, Truist Financial also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

eBay (EBAY)

Wells Fargo analyst Ken Gawrelski maintained a Hold rating on eBay yesterday and set a price target of $104.00. The company’s shares closed last Wednesday at $107.89.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 4.2% and a 48.0% success rate. Gawrelski covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Match Group. ;'>

Currently, the analyst consensus on eBay is a Moderate Buy with an average price target of $110.75.

Read More on W:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.