Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Tapestry (TPR – Research Report), Jack In The Box (JACK – Research Report) and Boot Barn (BOOT – Research Report).
Tapestry (TPR)
In a report released today, Ike Boruchow from Wells Fargo maintained a Buy rating on Tapestry, with a price target of $55.00. The company’s shares closed last Tuesday at $42.11.
According to TipRanks.com, Boruchow has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Tapestry is a Strong Buy with an average price target of $51.38, which is a 22.9% upside from current levels. In a report issued on May 2, Telsey Advisory also maintained a Buy rating on the stock with a $54.00 price target.
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Jack In The Box (JACK)
In a report released today, Brian Harbour from Morgan Stanley maintained a Hold rating on Jack In The Box, with a price target of $70.00. The company’s shares closed last Tuesday at $53.07, close to its 52-week low of $52.63.
According to TipRanks.com, Harbour is a 1-star analyst with an average return of
Jack In The Box has an analyst consensus of Moderate Buy, with a price target consensus of $72.75, representing a 32.7% upside. In a report issued on May 9, UBS also maintained a Hold rating on the stock with a $60.00 price target.
Boot Barn (BOOT)
TD Cowen analyst Max Rakhlenko maintained a Buy rating on Boot Barn today and set a price target of $120.00. The company’s shares closed last Tuesday at $107.03, close to its 52-week high of $110.89.
According to TipRanks.com, Rakhlenko is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boot Barn with a $111.90 average price target, implying a 4.1% upside from current levels. In a report issued on May 7, Seaport Global also maintained a Buy rating on the stock with a $124.00 price target.
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Read More on TPR:
- Tapestry Halts Share Buybacks Amid Capri Merger: A Strategic Shift or Liquidity Play?
- Tapestry price target lowered to $54 from $56 at JPMorgan
- Tapestry price target lowered to $55 from $60 at Wells Fargo
- Tapestry price target lowered to $50 from $52 at Baird
- Tapestry backs FY24 EPS view of $4.20-$4.25, consensus $4.22
