Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (DKNG), Chewy (CHWY) and XPeng, Inc. ADR (XPEV)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on DraftKings (DKNG – Research Report), Chewy (CHWY – Research Report) and XPeng, Inc. ADR (XPEV – Research Report) with bullish sentiments.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
DraftKings (DKNG)
In a report released yesterday, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on DraftKings. The company’s shares closed last Friday at $35.17.
According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of
DraftKings has an analyst consensus of Strong Buy, with a price target consensus of $43.76, representing a 19.8% upside. In a report issued on December 29, Benchmark Co. also maintained a Buy rating on the stock with a $37.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Chewy (CHWY)
Bank of America Securities analyst Mike McGovern maintained a Buy rating on Chewy yesterday and set a price target of $46.00. The company’s shares closed last Friday at $32.17.
According to TipRanks.com, McGovern is a 3-star analyst with an average return of
Currently, the analyst consensus on Chewy is a Strong Buy with an average price target of $47.00, representing a 49.4% upside. In a report issued on January 5, Wolfe Research also maintained a Buy rating on the stock with a $44.00 price target.
XPeng, Inc. ADR (XPEV)
Bank of America Securities analyst Ming-Hsun Lee maintained a Buy rating on XPeng, Inc. ADR yesterday and set a price target of $28.00. The company’s shares closed last Friday at $20.02.
According to TipRanks.com, Lee is a 4-star analyst with an average return of
Currently, the analyst consensus on XPeng, Inc. ADR is a Moderate Buy with an average price target of $29.67.
