Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: CarGurus (CARG) and Starbucks (SBUX)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on CarGurus (CARG – Research Report) and Starbucks (SBUX – Research Report).
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CarGurus (CARG)
In a report released today, Marvin Fong from BTIG maintained a Buy rating on CarGurus, with a price target of $40.00. The company’s shares closed last Wednesday at $32.65.
According to TipRanks.com, Fong is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CarGurus with a $38.89 average price target, which is a 17.8% upside from current levels. In a report issued on June 3, William Blair also maintained a Buy rating on the stock.
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Starbucks (SBUX)
In a report released today, Christine Cho from Goldman Sachs maintained a Hold rating on Starbucks, with a price target of $95.00. The company’s shares closed last Wednesday at $95.39.
According to TipRanks.com, Cho is a 3-star analyst with an average return of
Starbucks has an analyst consensus of Moderate Buy, with a price target consensus of $93.70, representing a 1.7% upside. In a report issued on June 2, TD Cowen also downgraded the stock to Hold with a $90.00 price target.
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