There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Ferrari (RACE – Research Report), Hyatt Hotels (H – Research Report) and Wayfair (W – Research Report) with bullish sentiments.
Ferrari (RACE)
In a report released yesterday, Michael Binetti from Evercore ISI maintained a Buy rating on Ferrari. The company’s shares closed last Friday at $408.65.
According to TipRanks.com, Binetti is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrari with a $431.41 average price target, a 3.7% upside from current levels. In a report issued on April 8, RBC Capital also maintained a Buy rating on the stock with a EUR463.00 price target.
See today’s best-performing stocks on TipRanks >>
Hyatt Hotels (H)
Bernstein analyst Richard Clarke maintained a Buy rating on Hyatt Hotels today and set a price target of $184.00. The company’s shares closed last Friday at $146.37.
According to TipRanks.com, Clarke is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyatt Hotels with a $161.38 average price target.
Wayfair (W)
In a report released today, Ygal Arounian from Citi maintained a Buy rating on Wayfair, with a price target of $85.00. The company’s shares closed last Friday at $53.68.
According to TipRanks.com, Arounian is a 4-star analyst with an average return of
Wayfair has an analyst consensus of Moderate Buy, with a price target consensus of $68.46, representing a 26.4% upside. In a report issued on April 9, Gordon Haskett Capital Corporation also maintained a Buy rating on the stock with a $75.00 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 RACE:
