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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Rush Enterprises A (RUSHA) and Luminar Technologies (LAZR)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Rush Enterprises A (RUSHAResearch Report) and Luminar Technologies (LAZRResearch Report).

Rush Enterprises A (RUSHA)

In a report released today, Andrew Obin from Bank of America Securities reiterated a Buy rating on Rush Enterprises A, with a price target of $57.00. The company’s shares closed last Tuesday at $49.23.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 11.9% and a 62.9% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Montrose Environmental Group, and Emerson Electric Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rush Enterprises A with a $57.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Luminar Technologies (LAZR)

In a report released today, John Babcock from Bank of America Securities maintained a Sell rating on Luminar Technologies, with a price target of $1.20. The company’s shares closed last Tuesday at $1.46, close to its 52-week low of $1.21.

Babcock has an average return of 17.0% when recommending Luminar Technologies.

According to TipRanks.com, Babcock is ranked #2100 out of 8794 analysts.

Luminar Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $4.77.

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