There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Tesla (TSLA – Research Report), Crocs (CROX – Research Report) and Patrick Industries (PATK – Research Report) with bullish sentiments.
Tesla (TSLA)
In a report issued on January 12, Ben Kallo from Robert W. Baird reiterated a Buy rating on Tesla, with a price target of $300.00. The company’s shares closed last Friday at $218.89.
According to TipRanks.com, Kallo is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Tesla with a $249.92 average price target, implying a 13.6% upside from current levels. In a report issued on January 4, Argus Research also maintained a Buy rating on the stock with a $316.00 price target.
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Crocs (CROX)
Robert W. Baird analyst Jonathan Komp maintained a Buy rating on Crocs on January 10 and set a price target of $155.00. The company’s shares closed last Friday at $103.39.
According to TipRanks.com, Komp is a 5-star analyst with an average return of
Currently, the analyst consensus on Crocs is a Strong Buy with an average price target of $125.09, representing a 19.0% upside. In a report issued on January 2, Bank of America Securities also maintained a Buy rating on the stock with a $128.00 price target.
Patrick Industries (PATK)
In a report issued on January 11, Craig Kennison from Robert W. Baird maintained a Buy rating on Patrick Industries, with a price target of $105.00. The company’s shares closed last Friday at $97.70, close to its 52-week high of $103.36.
According to TipRanks.com, Kennison is a 4-star analyst with an average return of
Currently, the analyst consensus on Patrick Industries is a Moderate Buy with an average price target of $104.33, implying a 2.9% upside from current levels. In a report issued on January 9, Truist Financial also maintained a Buy rating on the stock with a $125.00 price target.
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