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Analysts Offer Insights on Consumer Cyclical Companies: Wingstop (WING) and Wynn Resorts (WYNN)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Wingstop (WINGResearch Report) and Wynn Resorts (WYNNResearch Report) with bullish sentiments.

Wingstop (WING)

In a report released today, Jeff Bernstein from Barclays maintained a Buy rating on Wingstop, with a price target of $293.00. The company’s shares closed last Thursday at $280.81, close to its 52-week high of $285.74.

According to TipRanks.com, Bernstein is a 5-star analyst with an average return of 7.4% and a 64.8% success rate. Bernstein covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Brinker International.

Wingstop has an analyst consensus of Moderate Buy, with a price target consensus of $255.73, a -10.0% downside from current levels. In a report issued on January 23, Stephens also maintained a Buy rating on the stock with a $330.00 price target.

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Wynn Resorts (WYNN)

In a report released today, Brandt Montour from Barclays maintained a Buy rating on Wynn Resorts, with a price target of $108.00. The company’s shares closed last Thursday at $96.41.

According to TipRanks.com, Montour is a 5-star analyst with an average return of 13.4% and a 59.2% success rate. Montour covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Marriott International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wynn Resorts with a $112.71 average price target, which is a 17.2% upside from current levels. In a report issued on January 17, Macquarie also upgraded the stock to Buy with a $122.00 price target.

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