Analysts Offer Insights on Consumer Cyclical Companies: Tractor Supply (TSCO), Ferrari (RACE) and Peloton Interactive (PTON)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Tractor Supply (TSCO – Research Report), Ferrari (RACE – Research Report) and Peloton Interactive (PTON – Research Report).

Tractor Supply (TSCO)

In a report released yesterday, Jason Haas CFA from Bank of America Securities reiterated a Sell rating on Tractor Supply, with a price target of $173.00. The company’s shares closed last Thursday at $234.90.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 13.0% and a 61.6% success rate. CFA covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Ollie’s Bargain Outlet Holding, and Qurate Retail Group.

Tractor Supply has an analyst consensus of Moderate Buy, with a price target consensus of $228.80, implying a 1.6% upside from current levels. In a report issued on January 24, Morgan Stanley also maintained a Sell rating on the stock with a $195.00 price target.

See the top stocks recommended by analysts >>

Ferrari (RACE)

Bank of America Securities analyst John Murphy maintained a Buy rating on Ferrari yesterday and set a price target of $456.00. The company’s shares closed last Thursday at $389.45.

According to TipRanks.com, Murphy is a 4-star analyst with an average return of 7.3% and a 54.0% success rate. Murphy covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Penske Automotive Group, and Magna International.

Ferrari has an analyst consensus of Moderate Buy, with a price target consensus of $378.99, representing a 1.7% upside. In a report issued on January 19, UBS also maintained a Buy rating on the stock.

Peloton Interactive (PTON)

Bank of America Securities analyst Curtis Nagle reiterated a Sell rating on Peloton Interactive yesterday and set a price target of $4.00. The company’s shares closed last Thursday at $4.21.

According to TipRanks.com, Nagle is a 3-star analyst with an average return of 0.8% and a 51.9% success rate. Nagle covers the NA sector, focusing on stocks such as Tempur Sealy, ACV Auctions, and Beyond Inc.

Currently, the analyst consensus on Peloton Interactive is a Hold with an average price target of $7.58.

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Read More on TSCO:

• Notable companies reporting before tomorrow’s open
• TSCO Upcoming Earnings Report: What to Expect?
• Tractor Supply added to ‘Tactical Underperform’ list at Evercore ISI
• Tractor Supply price target raised to $245 from $230 at Telsey Advisory
• Tractor Supply price target raised to $255 from $220 at Piper Sandler