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Analysts Offer Insights on Consumer Cyclical Companies: Etsy (ETSY) and WeRide (WRD)

Tipranks - Tipranks - Tue Jan 20, 11:44AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Etsy (ETSY – Research Report) and WeRide (WRD – Research Report) with bullish sentiments.

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Etsy (ETSY)

BTIG analyst Marvin Fong maintained a Buy rating on Etsy on January 16 and set a price target of $74.00. The company’s shares closed last Friday at $61.77.

According to TipRanks.com, Fong is a 4-star analyst with an average return of 3.4% and a 46.0% success rate. Fong covers the NA sector, focusing on stocks such as SunCar Technology Group, Driven Brands Holdings, and Mercadolibre. ;'>

Etsy has an analyst consensus of Hold, with a price target consensus of $67.71.

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WeRide (WRD)

Citi analyst Jeff Chung maintained a Buy rating on WeRide yesterday and set a price target of $15.30. The company’s shares closed last Friday at $8.85.

According to TipRanks.com, Chung is a 2-star analyst with an average return of 0.6% and a 44.1% success rate. Chung covers the NA sector, focusing on stocks such as Great Wall Motor Co, Li Auto, and BYD Co. ;'>

WeRide has an analyst consensus of Strong Buy, with a price target consensus of $14.77.

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