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Analysts Offer Insights on Consumer Cyclical Companies: CarGurus (CARG) and Funko (FNKO)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on CarGurus (CARGResearch Report) and Funko (FNKOResearch Report).

CarGurus (CARG)

In a report released today, Tom White from D.A. Davidson maintained a Hold rating on CarGurus. The company’s shares closed last Friday at $24.22, close to its 52-week high of $24.76.

According to TipRanks.com, White is a 3-star analyst with an average return of 2.1% and a 43.5% success rate. White covers the Technology sector, focusing on stocks such as Aurora Innovation, Uber Technologies, and Trade Desk.

CarGurus has an analyst consensus of Moderate Buy, with a price target consensus of $27.67, a 18.1% upside from current levels. In a report issued on May 10, JMP Securities also maintained a Hold rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Funko (FNKO)

In a report released today, Linda Bolton Weiser from D.A. Davidson maintained a Buy rating on Funko. The company’s shares closed last Friday at $7.21.

According to TipRanks.com, Weiser is a 3-star analyst with an average return of 2.4% and a 45.8% success rate. Weiser covers the NA sector, focusing on stocks such as The Estée Lauder Companies, WW International, and Lifetime Brands.

The word on The Street in general, suggests a Hold analyst consensus rating for Funko with a $9.50 average price target, implying a 21.5% upside from current levels. In a report issued on May 9, B.Riley Financial also reiterated a Buy rating on the stock with a $11.00 price target.

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