There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on The Chefs’ Warehouse (CHEF – Research Report) and Tapestry (TPR – Research Report) with bullish sentiments.
The Chefs’ Warehouse (CHEF)
Lake Street analyst Ben Klieve maintained a Buy rating on The Chefs’ Warehouse today and set a price target of $48.00. The company’s shares closed last Thursday at $33.49.
Klieve has an average return of
According to TipRanks.com, Klieve is ranked #1813 out of 8707 analysts.
Currently, the analyst consensus on The Chefs’ Warehouse is a Strong Buy with an average price target of $43.80, which is a 34.4% upside from current levels. In a report released today, BTIG also reiterated a Buy rating on the stock with a $44.00 price target.
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Tapestry (TPR)
In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Tapestry, with a price target of $49.00. The company’s shares closed last Thursday at $42.99.
According to TipRanks.com, Telsey is a 2-star analyst with an average return of
Tapestry has an analyst consensus of Strong Buy, with a price target consensus of $48.93, implying a 15.9% upside from current levels. In a report issued on February 5, Evercore ISI also upgraded the stock to Buy with a $50.00 price target.
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