There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Dollar Tree (DLTR – Research Report), Mercadolibre (MELI – Research Report) and European Wax Center (EWCZ – Research Report) with bullish sentiments.
Dollar Tree (DLTR)
In a report released today, Anthony Chukumba from Loop Capital Markets maintained a Buy rating on Dollar Tree, with a price target of $170.00. The company’s shares closed last Wednesday at $128.42.
According to TipRanks.com, Chukumba is a 5-star analyst with an average return of
Currently, the analyst consensus on Dollar Tree is a Moderate Buy with an average price target of $152.85, a 18.4% upside from current levels. In a report issued on March 4, Wells Fargo also maintained a Buy rating on the stock with a $180.00 price target.
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Mercadolibre (MELI)
In a report released yesterday, Marcelo Santos from J.P. Morgan maintained a Buy rating on Mercadolibre. The company’s shares closed last Wednesday at $1550.62.
Santos has an average return of
According to TipRanks.com, Santos is ranked #3480 out of 8746 analysts.
Mercadolibre has an analyst consensus of Strong Buy, with a price target consensus of $1931.82, implying a 25.0% upside from current levels. In a report issued on February 28, Morgan Stanley also maintained a Buy rating on the stock with a $2065.00 price target.
European Wax Center (EWCZ)
In a report released today, Scot Ciccarelli from Truist Financial maintained a Buy rating on European Wax Center. The company’s shares closed last Wednesday at $12.66, close to its 52-week low of $11.97.
According to TipRanks.com, Ciccarelli is a top 25 analyst with an average return of
European Wax Center has an analyst consensus of Moderate Buy, with a price target consensus of $17.40, representing a 31.0% upside. In a report issued on February 28, Telsey Advisory also maintained a Buy rating on the stock with a $18.00 price target.
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Read More on DLTR:
- Dollar Tree Stock (NASDAQ:DLTR): Selloff Overdone, Says Analyst
- Dollar Tree Earnings: DLTR Stocks Dive as Q4 Results Miss Expectations
- Options Volatility and Implied Earnings Moves Today, March 13, 2024
- Dollar Tree’s Transparent Financial Performance Overview
- Dollar Tree expects to close ~600 Family Dollar stores in 1H24
