Analysts Conflicted on These Consumer Cyclical Names: Rivian Automotive (RIVN), Macy’s (M) and Dutch Bros Inc (BROS)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Rivian Automotive (RIVN – Research Report), Macy’s (M – Research Report) and Dutch Bros Inc (BROS – Research Report).

Rivian Automotive (RIVN)

In a report released yesterday, Dan Levy from Barclays maintained a Hold rating on Rivian Automotive, with a price target of $16.00. The company’s shares closed last Wednesday at $15.39.

According to TipRanks.com, Levy is a 3-star analyst with an average return of 2.6% and a 45.2% success rate. Levy covers the NA sector, focusing on stocks such as Polestar Automotive Holding UK, Mobileye Global, Inc. Class A, and Magna International.

Currently, the analyst consensus on Rivian Automotive is a Moderate Buy with an average price target of $22.07, representing a 40.6% upside. In a report issued on February 14, Deutsche Bank also maintained a Hold rating on the stock with a $16.00 price target.

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Macy’s (M)

Citi analyst Paul Lejuez maintained a Hold rating on Macy’s yesterday and set a price target of $18.00. The company’s shares closed last Wednesday at $18.99.

According to TipRanks.com, Lejuez is a 5-star analyst with an average return of 9.9% and a 59.2% success rate. Lejuez covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, National Vision Holdings, and Birkenstock Holding plc.

Macy’s has an analyst consensus of Moderate Buy, with a price target consensus of $18.38, representing a -3.6% downside. In a report released yesterday, Telsey Advisory also maintained a Hold rating on the stock with a $15.00 price target.

Dutch Bros Inc (BROS)

In a report released today, Nick Setyan from Wedbush maintained a Buy rating on Dutch Bros Inc, with a price target of $37.00. The company’s shares closed last Wednesday at $27.04.

According to TipRanks.com, Setyan is a 5-star analyst with an average return of 8.2% and a 51.3% success rate. Setyan covers the NA sector, focusing on stocks such as Papa John’s International, Brinker International, and Cheesecake Factory.

Dutch Bros Inc has an analyst consensus of Moderate Buy, with a price target consensus of $33.50, which is a 23.7% upside from current levels. In a report issued on February 16, Stifel Nicolaus also maintained a Buy rating on the stock with a $35.00 price target.

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