There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Costco (COST – Research Report) and ANTA Sports Products (ANPDF – Research Report) with bullish sentiments.
Costco (COST)
In a report issued on January 5, Mavis Hui from DBS maintained a Buy rating on Costco, with a price target of $717.00. The company’s shares closed last Monday at $661.69, close to its 52-week high of $681.91.
According to TipRanks.com, Hui is a 1-star analyst with an average return of
Costco has an analyst consensus of Strong Buy, with a price target consensus of $679.11, which is a 3.6% upside from current levels. In a report issued on December 21, Truist Financial also maintained a Buy rating on the stock with a $741.00 price target.
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ANTA Sports Products (ANPDF)
In a report released yesterday, Walter Woo from CMB International Securities maintained a Buy rating on ANTA Sports Products, with a price target of HK$109.99. The company’s shares closed last Monday at $8.88.
According to TipRanks.com, Woo ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
ANTA Sports Products has an analyst consensus of Strong Buy, with a price target consensus of $15.79, representing a 74.8% upside. In a report issued on December 25, Jefferies also maintained a Buy rating on the stock with a HK$150.00 price target.
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