Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Cheesecake Factory (CAKE – Research Report), Best Buy Co (BBY – Research Report) and Jack In The Box (JACK – Research Report).
Cheesecake Factory (CAKE)
Bank of America Securities analyst Katherine Griffin reiterated a Hold rating on Cheesecake Factory today and set a price target of $43.00. The company’s shares closed last Tuesday at $40.02, close to its 52-week high of $40.73.
According to TipRanks.com, Griffin is ranked #1988 out of 8848 analysts.
Currently, the analyst consensus on Cheesecake Factory is a Hold with an average price target of $38.58, a -2.6% downside from current levels. In a report issued on May 8, Wells Fargo also maintained a Hold rating on the stock with a $36.00 price target.
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Best Buy Co (BBY)
In a report released today, Robert Ohmes from Bank of America Securities maintained a Sell rating on Best Buy Co, with a price target of $70.00. The company’s shares closed last Tuesday at $74.35.
According to TipRanks.com, Ohmes is a 5-star analyst with an average return of
Currently, the analyst consensus on Best Buy Co is a Moderate Buy with an average price target of $85.43, a 13.2% upside from current levels. In a report issued on May 7, Citi also maintained a Sell rating on the stock with a $67.00 price target.
Jack In The Box (JACK)
In a report released today, Sara Senatore from Bank of America Securities reiterated a Buy rating on Jack In The Box, with a price target of $83.00. The company’s shares closed last Tuesday at $53.07, close to its 52-week low of $52.63.
According to TipRanks.com, Senatore is a 4-star analyst with an average return of
Jack In The Box has an analyst consensus of Moderate Buy, with a price target consensus of $73.17, representing a 33.5% upside. In a report released yesterday, Wedbush also maintained a Buy rating on the stock with a $68.00 price target.
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Read More on CAKE:
- Cheesecake Factory upgraded to Buy from Neutral at Citi
- Shopify upgraded, SolarEdge downgraded: Wall Street’s top analyst calls
- Cheesecake Factory price target raised to $38 from $37 at Deutsche Bank
- Cheesecake Factory price target raised to $45 from $40 at Wedbush
- Cheesecake Factory price target raised to $39 from $36 at BofA
