There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Albany International (AIN – Research Report), Portillo’s (PTLO – Research Report) and Luminar Technologies (LAZR – Research Report) with bullish sentiments.
Albany International (AIN)
Robert W. Baird analyst Peter Arment maintained a Buy rating on Albany International on February 27 and set a price target of $120.00. The company’s shares closed last Thursday at $93.87.
According to TipRanks.com, Arment is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Albany International with a $105.88 average price target, implying a 12.4% upside from current levels. In a report issued on February 28, Truist Financial also maintained a Buy rating on the stock with a $92.53 price target.
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Portillo’s (PTLO)
Robert W. Baird analyst David Tarantino maintained a Buy rating on Portillo’s on February 27 and set a price target of $20.00. The company’s shares closed last Thursday at $14.53, close to its 52-week low of $12.85.
According to TipRanks.com, Tarantino is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Portillo’s with a $21.80 average price target, which is a 49.2% upside from current levels. In a report issued on February 28, Loop Capital Markets also maintained a Buy rating on the stock with a $27.00 price target.
Luminar Technologies (LAZR)
Robert W. Baird analyst Tristan Gerra maintained a Buy rating on Luminar Technologies on February 28 and set a price target of $4.00. The company’s shares closed last Thursday at $2.39, close to its 52-week low of $2.09.
According to TipRanks.com, Gerra is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Luminar Technologies with a $4.18 average price target, a 72.0% upside from current levels. In a report issued on February 28, R.F. Lafferty also maintained a Buy rating on the stock with a $7.00 price target.
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Read More on AIN:
- Albany International Corp.’s New Corporate Activity and Growth Risk – A Cause for Worry?
- Albany International sees FY24 EPS $3.55-$4.05, consensus $4.07
- Albany International reports Q4 EPS $1.22, consensus 82c
- AIN Earnings this Week: How Will it Perform?
- Albany International price target raised to $121 from $105 at Truist
