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 Peloton Interactive (PTON – Research Report) with bullish sentiments.
Boot Barn (BOOT)
In a report issued on January 5, Steven Zaccone from Citi maintained a Buy rating on Boot Barn, with a price target of $86.00. The company’s shares closed last Friday at $71.40.
According to TipRanks.com, Zaccone is a 1-star analyst with an average return of
Currently, the analyst consensus on Boot Barn is a Strong Buy with an average price target of $96.00, implying a 31.5% upside from current levels. In a report issued on January 5, UBS also upgraded the stock to Buy with a $108.00 price target.
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Peloton Interactive (PTON)
Citi analyst Ronald Josey reiterated a Buy rating on Peloton Interactive on January 5 and set a price target of $10.00. The company’s shares closed last Friday at $6.72.
According to TipRanks.com, Josey is a top 100 analyst with an average return of
Peloton Interactive has an analyst consensus of Hold, with a price target consensus of $7.38.
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