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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Fri Apr 17, 4:22AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Mercedes-Benz Group (MBGAF) and Wyndham Hotels & Resorts (WH) with bullish sentiments.

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Mercedes-Benz Group (MBGAF)

Goldman Sachs analyst Christian Frenes maintained a Buy rating on Mercedes-Benz Group today and set a price target of EUR66.00. The company’s shares closed last Wednesday at $64.50.

According to TipRanks.com, Frenes is a 1-star analyst with an average return of -2.6% and a 25.0% success rate. Frenes covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Stellantis, and Ferrari. ;'>

Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $71.19, which is a 9.4% upside from current levels. In a report issued on April 14, Deutsche Bank also maintained a Buy rating on the stock with a EUR74.00 price target.

See the top stocks recommended by analysts >>

Wyndham Hotels & Resorts (WH)

Barclays analyst Brandt Montour maintained a Buy rating on Wyndham Hotels & Resorts today and set a price target of $104.00. The company’s shares closed last Wednesday at $87.54.

According to TipRanks.com, Montour is a 4-star analyst with an average return of 7.1% and a 54.9% success rate. Montour covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

Currently, the analyst consensus on Wyndham Hotels & Resorts is a Strong Buy with an average price target of $98.20, a 12.5% upside from current levels. In a report issued on April 10, Morgan Stanley also assigned a Buy rating to the stock with a $87.00 price target.

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