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Analysts Are Bullish on These Consumer Cyclical Stocks: Nike (NKE), Westport Fuel Systems (WPRT)

Tipranks - Thu Apr 2, 9:54AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Nike (NKE) and Westport Fuel Systems (WPRT) with bullish sentiments.

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Nike (NKE)

In a report released today, Aneesha Sherman from Bernstein maintained a Buy rating on Nike, with a price target of $80.00. The company’s shares closed last Wednesday at $45.27.

According to TipRanks.com, Sherman is a 3-star analyst with an average return of 2.7% and a 45.4% success rate. Sherman covers the NA sector, focusing on stocks such as Lululemon Athletica, Peloton Interactive, and Burlington Stores. ;'>

Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $63.60, representing a 36.6% upside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $58.00 price target.

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Westport Fuel Systems (WPRT)

In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Westport Fuel Systems. The company’s shares closed last Wednesday at $1.86.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 11.4% and a 39.9% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

Westport Fuel Systems has an analyst consensus of Moderate Buy.

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