Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on DraftKings (DKNG – Research Report), Wesfarmers Limited (WFAFF – Research Report) and MYT Netherlands (MYTE – Research Report).
DraftKings (DKNG)
In a report released yesterday, Chad Beynon from Macquarie maintained a Buy rating on DraftKings. The company’s shares closed last Thursday at $44.46.
According to TipRanks.com, Beynon is a 4-star analyst with an average return of
DraftKings has an analyst consensus of Strong Buy, with a price target consensus of $44.64, which is a 0.8% upside from current levels. In a report issued on February 12, Canaccord Genuity also maintained a Buy rating on the stock with a $50.00 price target.
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Wesfarmers Limited (WFAFF)
In a report released today, Ross Curran from Macquarie downgraded Wesfarmers Limited to Hold, with a price target of A$61.20. The company’s shares closed last Thursday at $40.50.
Curran has an average return of
According to TipRanks.com, Curran is ranked #3372 out of 8720 analysts.
Wesfarmers Limited has an analyst consensus of Hold, with a price target consensus of $34.51, a -14.8% downside from current levels. In a report issued on February 7, Jefferies also downgraded the stock to Hold with a A$57.00 price target.
MYT Netherlands (MYTE)
In a report released yesterday, Oliver Chen from TD Cowen reiterated a Hold rating on MYT Netherlands, with a price target of $4.00. The company’s shares closed last Thursday at $3.10, close to its 52-week low of $2.05.
According to TipRanks.com, Chen is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MYT Netherlands with a $5.17 average price target.
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Read More on DKNG:
- DraftKings (NASDAQ:DKNG) Reports Mixed Q4 Results
- DraftKings Expands Empire with JackPocket Acquisition
- DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million
- DraftKings Reports Fourth Quarter Revenue of $1,231 Million; Raises 2024 Revenue Guidance Midpoint to $4.775 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $460 Million
- Options Volatility and Implied Earnings Moves Today, February 15, 2024
