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Analysts’ Top Consumer Cyclical Picks: Ulta Beauty (ULTA), Gambling.com (GAMB)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ulta Beauty (ULTAResearch Report) and Gambling.com (GAMBResearch Report) with bullish sentiments.

Ulta Beauty (ULTA)

In a report released today, Korinne Wolfmeyer from Piper Sandler maintained a Buy rating on Ulta Beauty, with a price target of $505.00. The company’s shares closed last Friday at $399.56, close to its 52-week low of $368.02.

According to TipRanks.com, Wolfmeyer is a 1-star analyst with an average return of -0.7% and a 37.2% success rate. Wolfmeyer covers the NA sector, focusing on stocks such as The Estée Lauder Companies, Xponential Fitness, and Bath & Body Works.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ulta Beauty with a $531.60 average price target, implying a 32.1% upside from current levels. In a report issued on May 7, Oppenheimer also maintained a Buy rating on the stock with a $475.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Gambling.com (GAMB)

In a report released today, Clark Lampen from BTIG maintained a Buy rating on Gambling.com, with a price target of $10.00. The company’s shares closed last Friday at $8.00, close to its 52-week low of $7.60.

According to TipRanks.com, Lampen is a 3-star analyst with an average return of 3.6% and a 52.5% success rate. Lampen covers the NA sector, focusing on stocks such as Genius Sports Limited, PLAYSTUDIOS, and fuboTV.

Gambling.com has an analyst consensus of Strong Buy, with a price target consensus of $13.00, a 62.5% upside from current levels. In a report issued on May 17, Craig-Hallum also maintained a Buy rating on the stock with a $12.00 price target.

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