There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on DraftKings (DKNG – Research Report), Kontoor Brands (KTB – Research Report) and The Estée Lauder Companies (EL – Research Report) with bullish sentiments.
DraftKings (DKNG)
In a report released yesterday, Clark Lampen from BTIG reiterated a Buy rating on DraftKings, with a price target of $53.00. The company’s shares closed last Thursday at $43.03.
According to TipRanks.com, Lampen is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $52.24 average price target, implying a 23.0% upside from current levels. In a report issued on April 19, Barclays also maintained a Buy rating on the stock with a $52.00 price target.
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Kontoor Brands (KTB)
Wells Fargo analyst Will Gaertner maintained a Buy rating on Kontoor Brands yesterday and set a price target of $76.00. The company’s shares closed last Thursday at $67.37.
According to TipRanks.com, Gaertner is a 2-star analyst with an average return of
Currently, the analyst consensus on Kontoor Brands is a Strong Buy with an average price target of $72.00, which is a 10.8% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock.
The Estée Lauder Companies (EL)
In a report released yesterday, Christopher Carey from Wells Fargo maintained a Buy rating on The Estée Lauder Companies, with a price target of $163.00. The company’s shares closed last Thursday at $134.94.
According to TipRanks.com, Carey 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 The Estée Lauder Companies with a $154.15 average price target, a 18.1% upside from current levels. In a report issued on April 22, D.A. Davidson also maintained a Buy rating on the stock with a $191.00 price target.
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Read More on DKNG:
- DKNG Earnings: Q1 Beat and Solid Outlook Lift Stock
- Draftkings Inc Earnings Update: Did it Beat Estimate Forecasts?
- Options Volatility and Implied Earnings Moves Today, May 02, 2024
- DraftKings price target raised to $56 from $54 at Susquehanna
- Options Volatility and Implied Earnings Moves This Week, April 29 – May 02, 2024
