There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Li Auto (LI – Research Report) and Lululemon Athletica (LULU – Research Report) with bullish sentiments.
Li Auto (LI)
In a report released yesterday, Jeff Chung from Citi maintained a Buy rating on Li Auto, with a price target of $48.50. The company’s shares closed last Thursday at $29.18.
According to TipRanks.com, Chung has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Li Auto with a $51.96 average price target, representing a 73.7% upside. In a report issued on April 15, Macquarie also initiated coverage with a Buy rating on the stock with a $40.00 price target.
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Lululemon Athletica (LULU)
Citi analyst Paul Lejuez maintained a Buy rating on Lululemon Athletica today and set a price target of $500.00. The company’s shares closed last Thursday at $347.51, close to its 52-week low of $326.93.
According to TipRanks.com, Lejuez is a 5-star analyst with an average return of
Currently, the analyst consensus on Lululemon Athletica is a Moderate Buy with an average price target of $485.19, which is a 40.0% upside from current levels. In a report issued on April 5, Oppenheimer also maintained a Buy rating on the stock with a $445.00 price target.
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