There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Home Depot (HD – Research Report) and Alibaba (BABA – Research Report) with bullish sentiments.
Home Depot (HD)
Barclays analyst Seth Sigman maintained a Buy rating on Home Depot today and set a price target of $372.00. The company’s shares closed last Wednesday at $348.67.
According to TipRanks.com, Sigman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Home Depot with a $382.87 average price target, a 10.9% upside from current levels. In a report issued on May 7, Citi also maintained a Buy rating on the stock with a $395.00 price target.
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Alibaba (BABA)
Barclays analyst Jiong Shao maintained a Buy rating on Alibaba today and set a price target of $107.00. The company’s shares closed last Wednesday at $80.99.
According to TipRanks.com, Shao 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 Alibaba with a $105.28 average price target, a 31.0% upside from current levels. In a report issued on May 7, Truist Financial also maintained a Buy rating on the stock with a $113.00 price target.
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