Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Grove Collaborative Holdings (GROV – Research Report) and Lowe’s (LOW – Research Report).
Grove Collaborative Holdings (GROV)
Telsey Advisory analyst Dana Telsey maintained a Buy rating on Grove Collaborative Holdings today and set a price target of $3.00. The company’s shares closed last Wednesday at $1.70, close to its 52-week low of $1.37.
According to TipRanks.com, Telsey is a 3-star analyst with an average return of
Currently, the analyst consensus on Grove Collaborative Holdings is a Moderate Buy with an average price target of $3.00, implying an 80.7% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $3.00 price target.
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Lowe’s (LOW)
In a report released today, Joe Feldman from Telsey Advisory maintained a Hold rating on Lowe’s, with a price target of $230.00. The company’s shares closed last Tuesday at $231.58.
According to TipRanks.com, Feldman is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lowe’s with a $254.13 average price target, which is a 9.1% upside from current levels. In a report issued on May 7, Citi also maintained a Hold rating on the stock with a $240.00 price target.
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