Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Wendy’s (WEN) and DraftKings (DKNG)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Wendy’s (WEN – Research Report) and DraftKings (DKNG – Research Report).
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Wendy’s (WEN)
In a report released today, Nick Setyan from Mizuho Securities maintained a Sell rating on Wendy’s, with a price target of $7.00. The company’s shares closed last Friday at $7.48.
According to TipRanks.com, Setyan is a 5-star analyst with an average return of
Wendy’s has an analyst consensus of Hold, with a price target consensus of $8.34, a 17.6% upside from current levels. In a report issued on February 13, Morgan Stanley also maintained a Sell rating on the stock with a $7.00 price target.
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DraftKings (DKNG)
Guggenheim analyst Curry Baker maintained a Buy rating on DraftKings on February 13 and set a price target of $37.00. The company’s shares closed last Friday at $21.76.
According to TipRanks.com, Baker is a 4-star analyst with an average return of
Currently, the analyst consensus on DraftKings is a Strong Buy with an average price target of $38.37, representing a 78.1% upside. In a report issued on January 29, Oppenheimer also maintained a Buy rating on the stock with a $50.00 price target.
