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Analysts’ Top Consumer Cyclical Picks: DraftKings (DKNG), Booking Holdings (BKNG)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on DraftKings (DKNGResearch Report) and Booking Holdings (BKNGResearch Report) with bullish sentiments.

DraftKings (DKNG)

Mizuho Securities analyst Benjamin Chaiken maintained a Buy rating on DraftKings on May 3 and set a price target of $58.00. The company’s shares closed last Tuesday at $43.30.

According to TipRanks.com, Chaiken is a 4-star analyst with an average return of 7.5% and a 51.4% success rate. Chaiken covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and United Parks & Resorts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $131.96 average price target, a 200.7% upside from current levels. In a report issued on May 6, Stifel Nicolaus also upgraded the stock to Buy with a $51.00 price target.

See the top stocks recommended by analysts >>

Booking Holdings (BKNG)

In a report issued on May 3, James Lee from Mizuho Securities maintained a Buy rating on Booking Holdings, with a price target of $4250.00. The company’s shares closed last Tuesday at $3605.41.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 11.3% and a 58.0% success rate. Lee covers the NA sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, TripAdvisor, and Expedia.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Booking Holdings with a $3999.81 average price target, an 11.7% upside from current levels. In a report issued on April 24, Jefferies also maintained a Buy rating on the stock with a $4240.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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