There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Shake Shack (SHAK – Research Report) and TripAdvisor (TRIP – Research Report) with bullish sentiments.
Shake Shack (SHAK)
BTIG analyst Peter Saleh maintained a Buy rating on Shake Shack today and set a price target of $110.00. The company’s shares closed last Friday at $98.29, close to its 52-week high of $99.85.
According to TipRanks.com, Saleh is a 5-star analyst with an average return of
Currently, the analyst consensus on Shake Shack is a Moderate Buy with an average price target of $89.71, representing a -9.3% downside. In a report issued on February 16, Oppenheimer also maintained a Buy rating on the stock with a $108.00 price target.
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TripAdvisor (TRIP)
BTIG analyst Jake Fuller maintained a Buy rating on TripAdvisor today and set a price target of $35.00. The company’s shares closed last Friday at $26.75, close to its 52-week high of $28.20.
According to TipRanks.com, Fuller is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $24.53 average price target, which is a -9.0% downside from current levels. In a report issued on February 16, D.A. Davidson also maintained a Buy rating on the stock.
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