There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Planet Fitness (PLNT – Research Report), Yeti Holdings (YETI – Research Report) and Rivian Automotive (RIVN – Research Report) with bullish sentiments.
Planet Fitness (PLNT)
BMO Capital analyst Simeon Siegel maintained a Buy rating on Planet Fitness yesterday and set a price target of $80.00. The company’s shares closed last Thursday at $65.32.
According to TipRanks.com, Siegel is a 4-star analyst with an average return of
Currently, the analyst consensus on Planet Fitness is a Moderate Buy with an average price target of $73.11, representing a 23.0% upside. In a report issued on May 6, Robert W. Baird also maintained a Buy rating on the stock with a $80.00 price target.
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Yeti Holdings (YETI)
In a report released yesterday, Randal Konik from Jefferies maintained a Buy rating on Yeti Holdings, with a price target of $54.00. The company’s shares closed last Thursday at $39.26.
According to TipRanks.com, Konik is a 4-star analyst with an average return of
Yeti Holdings has an analyst consensus of Hold, with a price target consensus of $46.70, representing a 14.7% upside. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $54.00 price target.
Rivian Automotive (RIVN)
Jefferies analyst Philippe Houchois assigned a Buy rating to Rivian Automotive yesterday and set a price target of $16.00. The company’s shares closed last Thursday at $10.22, close to its 52-week low of $8.26.
According to TipRanks.com, Houchois is a 5-star analyst with an average return of
Currently, the analyst consensus on Rivian Automotive is a Moderate Buy with an average price target of $14.57, which is a 42.1% upside from current levels. In a report issued on May 7, Robert W. Baird also reiterated a Buy rating on the stock with a $20.00 price target.
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Read More on PLNT:
- PLNT Earnings: Planet Fitness Plunges After Outlook Disappoints
- Planet Fitness: Guidance includes price increases
- Planet Fitness cuts FY24 adjusted EPS view to up 7%-9% from up 10%-11%
- Planet Fitness reports Q1 adjusted EPS 53c, consensus 50c
- Planet Fitness, Inc. Announces First Quarter 2024 Results
