There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Target (TGT – Research Report) and Deckers Outdoor (DECK – Research Report) with bullish sentiments.
Target (TGT)
Guggenheim analyst Robert Drbul maintained a Buy rating on Target today and set a price target of $190.00. The company’s shares closed last Tuesday at $168.58, close to its 52-week high of $171.24.
According to TipRanks.com, Drbul is a 5-star analyst with an average return of
Currently, the analyst consensus on Target is a Moderate Buy with an average price target of $166.45, implying a 0.2% upside from current levels. In a report issued on February 21, Wells Fargo also maintained a Buy rating on the stock with a $165.00 price target.
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Deckers Outdoor (DECK)
In a report released today, Joseph Civello from Truist Financial maintained a Buy rating on Deckers Outdoor, with a price target of $983.00. The company’s shares closed last Tuesday at $906.86, close to its 52-week high of $939.82.
According to TipRanks.com, Civello is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Deckers Outdoor with a $925.69 average price target, a 0.6% upside from current levels. In a report issued on February 29, Robert W. Baird also maintained a Buy rating on the stock with a $975.00 price target.
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Read More on TGT:
- Target (NYSE:TGT) Blasts Up Over 12% on New Subscription Plan
- TGT Earnings: Target Soars as Q4 Earnings Blow Past Estimates
- Options Volatility and Implied Earnings Moves Today, March 05, 2024
- Target Corporation Reports Fourth Quarter and Full-Year 2023 Earnings
- Notable companies reporting before tomorrow’s open
