Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Nio (NIO – Research Report), Tesla (TSLA – Research Report) and Nordstrom (JWN – Research Report).
Nio (NIO)
In a report released today, Joel Ying from Nomura initiated coverage with a Hold rating on Nio and a price target of $7.50. The company’s shares closed last Tuesday at $5.48, close to its 52-week low of $5.25.
According to TipRanks.com, Ying is ranked #8292 out of 8757 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nio with a $8.30 average price target, a 60.5% upside from current levels. In a report released today, Bank of America Securities also reiterated a Hold rating on the stock with a $6.50 price target.
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Tesla (TSLA)
Barclays analyst Dan Levy assigned a Hold rating to Tesla today and set a price target of $225.00. The company’s shares closed last Tuesday at $180.74.
According to TipRanks.com, Levy is a 3-star analyst with an average return of
Tesla has an analyst consensus of Hold, with a price target consensus of $210.78, which is a 15.1% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $225.00 price target.
Nordstrom (JWN)
J.P. Morgan analyst Matthew Boss maintained a Sell rating on Nordstrom today and set a price target of $15.00. The company’s shares closed last Tuesday at $20.90.
According to TipRanks.com, Boss is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Nordstrom with a $16.57 average price target, representing a -17.7% downside. In a report released today, Bank of America Securities also reiterated a Sell rating on the stock with a $15.00 price target.
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Read More on NIO:
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