There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Stellantis (STLA – Research Report), MGM Resorts (MGM – Research Report) and McDonald’s (MCD – Research Report) with bullish sentiments.
Stellantis (STLA)
In a report released today, Philippe Houchois from Jefferies maintained a Buy rating on Stellantis, with a price target of EUR24.00. The company’s shares closed last Friday at $21.21.
According to TipRanks.com, Houchois is a 5-star analyst with an average return of
Currently, the analyst consensus on Stellantis is a Strong Buy with an average price target of $25.92, which is a 22.1% upside from current levels. In a report issued on January 24, Redburn Atlantic also initiated coverage with a Buy rating on the stock with a EUR27.00 price target.
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MGM Resorts (MGM)
JMP Securities analyst Jordan Bender maintained a Buy rating on MGM Resorts today and set a price target of $57.00. The company’s shares closed last Friday at $43.65.
According to TipRanks.com, Bender is a 4-star analyst with an average return of
Currently, the analyst consensus on MGM Resorts is a Strong Buy with an average price target of $54.67, which is a 24.7% upside from current levels. In a report issued on January 26, Barclays also maintained a Buy rating on the stock with a $57.00 price target.
McDonald’s (MCD)
In a report released today, Eric Gonzalez from KeyBanc maintained a Buy rating on McDonald’s, with a price target of $315.00. The company’s shares closed last Friday at $292.26.
According to TipRanks.com, Gonzalez is a 4-star analyst with an average return of
McDonald’s has an analyst consensus of Strong Buy, with a price target consensus of $323.57, representing a 9.6% upside. In a report issued on January 25, Loop Capital Markets also reiterated a Buy rating on the stock with a $383.00 price target.
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Read More on STLA:
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- Stellantis announces acquisition of CloudMade’s AI technologies, IP
- Stellantis to Enhance Personalized Mobility Experience with Acquisition of CloudMade’s Artificial Intelligence Technologies and IP
- Stellantis initiated with a Buy at Redburn Atlantic
