tiprankstipranks
Blurbs

Analysts Offer Insights on Consumer Cyclical Companies: Target (TGT), Casey’s General (CASY) and ChargePoint Holdings (CHPT)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Target (TGTResearch Report), Casey’s General (CASYResearch Report) and ChargePoint Holdings (CHPTResearch Report) with bullish sentiments.

Target (TGT)

In a report released today, Steven Shemesh from RBC Capital reiterated a Buy rating on Target, with a price target of $191.00. The company’s shares closed last Tuesday at $168.58, close to its 52-week high of $171.24.

According to TipRanks.com, Shemesh is a 1-star analyst with an average return of -4.9% and a 48.7% success rate. Shemesh covers the NA sector, focusing on stocks such as Driven Brands Holdings, Advance Auto Parts, and CarParts.com Inc.

Target has an analyst consensus of Moderate Buy, with a price target consensus of $178.96, implying a 7.8% upside from current levels. In a report released yesterday, HSBC also upgraded the stock to Buy with a $195.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Casey’s General (CASY)

In a report released today, John Lawrence from Benchmark Co. initiated coverage with a Buy rating on Casey’s General and a price target of $312.00. The company’s shares closed last Tuesday at $291.28.

According to TipRanks.com, Lawrence is a 4-star analyst with an average return of 15.2% and a 67.6% success rate. Lawrence covers the NA sector, focusing on stocks such as Driven Brands Holdings, Tractor Supply, and Citi Trends.

Casey’s General has an analyst consensus of Moderate Buy, with a price target consensus of $311.50, a -0.9% downside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $340.00 price target.

ChargePoint Holdings (CHPT)

Benchmark Co. analyst Michael Legg maintained a Buy rating on ChargePoint Holdings today and set a price target of $4.25. The company’s shares closed last Tuesday at $2.00, close to its 52-week low of $1.56.

According to TipRanks.com, Legg is ranked #1113 out of 8757 analysts.

ChargePoint Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $3.42, a 70.1% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $4.00 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.

Read More on TGT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles