Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Home Depot (HD), Alibaba (BABA) and Cars (CARS)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Home Depot (HD – Research Report), Alibaba (BABA – Research Report) and Cars (CARS – Research Report).

Home Depot (HD)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Buy rating on Home Depot, with a price target of $380.00. The company’s shares closed last Monday at $340.96.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 2.3% and a 60.6% success rate. Gutman covers the NA sector, focusing on stocks such as National Vision Holdings, Driven Brands Holdings, and Floor & Decor Holdings.

Currently, the analyst consensus on Home Depot is a Moderate Buy with an average price target of $386.55, an 11.1% upside from current levels. In a report issued on May 6, Barclays also maintained a Buy rating on the stock with a $372.00 price target.

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Alibaba (BABA)

Morgan Stanley analyst Gary Yu maintained a Hold rating on Alibaba today and set a price target of $85.00. The company’s shares closed last Monday at $84.60.

According to TipRanks.com, Yu is ranked #8081 out of 8841 analysts.

Alibaba has an analyst consensus of Strong Buy, with a price target consensus of $106.29.

Cars (CARS)

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Cars, with a price target of $25.00. The company’s shares closed last Monday at $17.81.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 27.4% and a 57.6% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Methode Electronics, and Powerfleet.

Currently, the analyst consensus on Cars is a Strong Buy with an average price target of $25.00, a 40.7% upside from current levels. In a report issued on May 10, D.A. Davidson also maintained a Buy rating on the stock.

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Read More on HD:

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• Home Depot (NYSE:HD) Q1 Earnings: Here’s What to Expect