There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Boot Barn (BOOT – Research Report) and Topgolf Callaway Brands (MODG – Research Report) with bullish sentiments.
Boot Barn (BOOT)
Piper Sandler analyst Peter Keith maintained a Buy rating on Boot Barn today and set a price target of $110.00. The company’s shares closed last Tuesday at $107.03, close to its 52-week high of $110.89.
According to TipRanks.com, Keith is a 5-star analyst with an average return of
Currently, the analyst consensus on Boot Barn is a Strong Buy with an average price target of $114.90, implying a 6.9% upside from current levels. In a report issued on May 7, Seaport Global also maintained a Buy rating on the stock with a $124.00 price target.
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Topgolf Callaway Brands (MODG)
In a report released today, Randal Konik from Jefferies maintained a Buy rating on Topgolf Callaway Brands, with a price target of $40.00. The company’s shares closed last Tuesday at $15.51.
According to TipRanks.com, Konik is a 4-star analyst with an average return of
Topgolf Callaway Brands has an analyst consensus of Moderate Buy, with a price target consensus of $23.13, a 47.7% upside from current levels. In a report issued on May 1, B.Riley Financial also reiterated a Buy rating on the stock with a $21.00 price target.
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