There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Boyd Gaming (BYD – Research Report) and General Motors (GM – Research Report) with bullish sentiments.
Boyd Gaming (BYD)
Wells Fargo analyst Daniel Politzer maintained a Buy rating on Boyd Gaming yesterday and set a price target of $71.00. The company’s shares closed last Thursday at $62.89.
According to TipRanks.com, Politzer is a 4-star analyst with an average return of
Currently, the analyst consensus on Boyd Gaming is a Moderate Buy with an average price target of $73.50.
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General Motors (GM)
Barclays analyst Dan Levy maintained a Buy rating on General Motors today and set a price target of $60.00. The company’s shares closed last Thursday at $45.62, close to its 52-week high of $46.04.
According to TipRanks.com, Levy is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $54.16 average price target, a 21.2% upside from current levels. In a report released yesterday, Bernstein also initiated coverage with a Buy rating on the stock with a $55.00 price target.
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