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Analysts Offer Insights on Consumer Cyclical Companies: Dick’s Sporting Goods (DKS) and Allison Transmission Holdings (ALSN)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Dick’s Sporting Goods (DKSResearch Report) and Allison Transmission Holdings (ALSNResearch Report).

Dick’s Sporting Goods (DKS)

Bank of America Securities analyst Robert Ohmes reiterated a Hold rating on Dick’s Sporting Goods on April 26 and set a price target of $225.00. The company’s shares closed last Friday at $207.12, close to its 52-week high of $225.79.

According to TipRanks.com, Ohmes is a 5-star analyst with an average return of 8.0% and a 58.2% success rate. Ohmes covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Driven Brands Holdings.

Dick’s Sporting Goods has an analyst consensus of Moderate Buy, with a price target consensus of $223.04, representing a 9.3% upside. In a report issued on April 12, Jefferies also initiated coverage with a Hold rating on the stock with a $211.00 price target.

See the top stocks recommended by analysts >>

Allison Transmission Holdings (ALSN)

In a report issued on April 26, Sherif El-Sabbahy from Bank of America Securities reiterated a Sell rating on Allison Transmission Holdings, with a price target of $56.00. The company’s shares closed last Friday at $74.49.

According to TipRanks.com, El-Sabbahy is a 4-star analyst with an average return of 23.3% and a 63.9% success rate. El-Sabbahy covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, H&E Equipment Services, and ESAB Corporation.

The word on The Street in general, suggests a Hold analyst consensus rating for Allison Transmission Holdings with a $79.00 average price target, implying a 6.7% upside from current levels. In a report issued on April 16, Goldman Sachs also maintained a Sell rating on the stock with a $63.00 price target.

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