Analysts Conflicted on These Consumer Cyclical Names: Macy’s (M) and Wingstop (WING)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Macy’s (M) and Wingstop (WING).
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Macy’s (M)
BTIG analyst Robert Drbul maintained a Hold rating on Macy’s yesterday. The company’s shares closed last Wednesday at $21.80.
According to TipRanks.com, Drbul is a 4-star analyst with an average return of
Macy’s has an analyst consensus of Hold, with a price target consensus of $19.50, a -11.3% downside from current levels. In a report issued on May 28, Telsey Advisory also maintained a Hold rating on the stock with a $20.00 price target.
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Wingstop (WING)
In a report released today, Sara Senatore from Bank of America Securities maintained a Buy rating on Wingstop, with a price target of $264.00. The company’s shares closed last Wednesday at $144.05.
According to TipRanks.com, Senatore is a 1-star analyst with an average return of
Currently, the analyst consensus on Wingstop is a Strong Buy with an average price target of $240.36, a 63.9% upside from current levels. In a report issued on May 28, BTIG also reiterated a Buy rating on the stock with a $305.00 price target.
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