There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Coupang (CPNG – Research Report) and Las Vegas Sands (LVS – Research Report) with bullish sentiments.
Coupang (CPNG)
Barclays analyst Jiong Shao maintained a Buy rating on Coupang today and set a price target of $25.00. The company’s shares closed last Wednesday at $22.63, close to its 52-week high of $22.89.
According to TipRanks.com, Shao is a 3-star analyst with an average return of
Coupang has an analyst consensus of Strong Buy, with a price target consensus of $23.29, representing a 2.6% upside. In a report issued on April 16, Nomura also initiated coverage with a Buy rating on the stock with a $26.00 price target.
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Las Vegas Sands (LVS)
In a report released today, Brandt Montour from Barclays maintained a Buy rating on Las Vegas Sands, with a price target of $59.00. The company’s shares closed last Wednesday at $50.23.
According to TipRanks.com, Montour is a 4-star analyst with an average return of
Las Vegas Sands has an analyst consensus of Strong Buy, with a price target consensus of $62.92, representing a 24.4% upside. In a report issued on April 9, Morgan Stanley also maintained a Buy rating on the stock with a $62.00 price target.
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Read More on CPNG:
- Coupang call volume above normal and directionally bullish
- Coupang upgraded to Buy from Neutral at Citi
- Coupang Stock (NYSE:CPNG): Should You Ride This Rocket Higher?
- Coupang raising ‘Wow’ membership fee by 58%, Korea Times reports
- Coupang planning KRW 3T expansion of Rocket Delivery service, Nikkei reports
