Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Lululemon Athletica (LULU – Research Report), Dada Nexus (DADA – Research Report) and Domino’s Pizza (DPZ – Research Report).
Lululemon Athletica (LULU)
In a report issued on January 8, Mark Altschwager from Robert W. Baird maintained a Buy rating on Lululemon Athletica, with a price target of $555.00. The company’s shares closed last Wednesday at $484.10, close to its 52-week high of $516.39.
According to TipRanks.com, Altschwager is a 4-star analyst with an average return of
Currently, the analyst consensus on Lululemon Athletica is a Strong Buy with an average price target of $520.24, which is a 6.6% upside from current levels. In a report issued on December 29, William Blair also maintained a Buy rating on the stock.
See today’s best-performing stocks on TipRanks >>
Dada Nexus (DADA)
Mizuho Securities analyst Wei Fang maintained a Buy rating on Dada Nexus on January 8 and set a price target of $7.00. The company’s shares closed last Wednesday at $1.51.
According to TipRanks.com, Fang is ranked #8106 out of 8658 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dada Nexus with a $5.59 average price target.
Domino’s Pizza (DPZ)
Robert W. Baird analyst David Tarantino maintained a Hold rating on Domino’s Pizza on January 8 and set a price target of $425.00. The company’s shares closed last Wednesday at $414.13, close to its 52-week high of $415.81.
According to TipRanks.com, Tarantino is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Domino’s Pizza with a $428.68 average price target, implying a 4.4% upside from current levels. In a report issued on January 9, Bernstein also upgraded the stock to Hold with a $370.00 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.
Read More on LULU:
- Lululemon price target raised to $561 from $555 at Truist
- Nike Stock (NYSE:NKE): Can It Run Higher in 2024?
- Lululemon (NASDAQ:LULU) Raises Q4 Guidance amid Strong Holiday Sales
- Lululemon raises Q4 EPS view to $4.96-$5.00 from $4.85-$4.93, consensus $4.97
- Lululemon price target raised to $555 from $527 at Truist
