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Analysts Offer Insights on Consumer Cyclical Companies: Boyd Gaming (BYD) and Sweetgreen (SG)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Boyd Gaming (BYDResearch Report) and Sweetgreen (SGResearch Report) with bullish sentiments.

Boyd Gaming (BYD)

Truist Financial analyst Barry Jonas assigned a Buy rating to Boyd Gaming today. The company’s shares closed last Friday at $64.88.

According to TipRanks.com, Jonas is a 4-star analyst with an average return of 8.8% and a 44.4% success rate. Jonas covers the NA sector, focusing on stocks such as International Game Technology, Monarch Casino & Resort, and Inspired Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boyd Gaming with a $75.88 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Sweetgreen (SG)

In a report released today, Christopher Carril from RBC Capital maintained a Buy rating on Sweetgreen, with a price target of $20.00. The company’s shares closed last Friday at $16.36, close to its 52-week high of $17.20.

According to TipRanks.com, Carril is a 5-star analyst with an average return of 11.5% and a 69.2% success rate. Carril covers the NA sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and Brinker International.

Sweetgreen has an analyst consensus of Moderate Buy, with a price target consensus of $16.57, which is a 4.2% upside from current levels. In a report released today, Bank of America Securities also maintained a Buy rating on the stock with a $18.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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