There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on 1stdibs.com (DIBS – Research Report) and Nike (NKE – Research Report) with bullish sentiments.
1stdibs.com (DIBS)
In a report released yesterday, Mark Mahaney from Evercore ISI upgraded 1stdibs.com to Buy. The company’s shares closed last Friday at $5.90, close to its 52-week high of $6.30.
According to TipRanks.com, Mahaney is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 1stdibs.com with a $8.00 average price target.
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Nike (NKE)
In a report released yesterday, Jim Duffy from Stifel Nicolaus maintained a Buy rating on Nike, with a price target of $129.00. The company’s shares closed last Friday at $99.64.
According to TipRanks.com, Duffy is a 5-star analyst with an average return of
Nike has an analyst consensus of Moderate Buy, with a price target consensus of $121.33, a 21.0% upside from current levels. In a report issued on March 11, Guggenheim also maintained a Buy rating on the stock with a $130.00 price target.
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