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Analysts Conflicted on These Consumer Cyclical Names: Home Depot (HD), Sweetgreen (SG) and Target (TGT)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Home Depot (HDResearch Report), Sweetgreen (SGResearch Report) and Target (TGTResearch Report).

Home Depot (HD)

Citi analyst Steven Zaccone reiterated a Buy rating on Home Depot yesterday and set a price target of $415.00. The company’s shares closed last Tuesday at $362.57, close to its 52-week high of $368.72.

According to TipRanks.com, Zaccone is a 2-star analyst with an average return of -0.5% and a 51.9% success rate. Zaccone covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Floor & Decor Holdings, and Soho House & Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Home Depot with a $377.70 average price target, a 6.3% upside from current levels. In a report issued on February 5, Truist Financial also maintained a Buy rating on the stock with a $387.00 price target.

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Sweetgreen (SG)

Citi analyst Jon Tower maintained a Hold rating on Sweetgreen yesterday and set a price target of $13.00. The company’s shares closed last Tuesday at $11.57.

According to TipRanks.com, Tower is a 5-star analyst with an average return of 15.9% and a 67.9% success rate. Tower covers the NA sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ’s Restaurants.

The word on The Street in general, suggests a Hold analyst consensus rating for Sweetgreen with a $13.00 average price target.

Target (TGT)

In a report released today, Edward Kelly from Wells Fargo maintained a Buy rating on Target, with a price target of $165.00. The company’s shares closed last Tuesday at $149.89.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 10.6% and a 66.0% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, United Natural Foods, and Albertsons Companies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Target with a $164.93 average price target, a 10.0% upside from current levels. In a report issued on February 7, Gordon Haskett Capital Corporation also upgraded the stock to Buy with a $170.00 price target.

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