Analysts have been closely watching consumer cyclical stocks, with mixed opinions on Nike (NKE), Winnebago Industries (WGO), and Tesla (TSLA). J.P. Morgan’s Matthew Boss maintained a Sell rating on Nike, setting a price target of $33.00, significantly lower than the stock’s last close of $37.53. Boss, a 4-star analyst with a 4.7% average return, covers various retail and leisure stocks. The consensus among analysts is a Hold rating, with a price target of $36.58, suggesting a -3.2% downside from current levels. Berenberg Bank also recommended a Sell rating with a $27.50 target.
Winnebago Industries received a Hold rating from KeyBanc’s Noah Zatzkin, who kept the stock’s price target unchanged. The shares closed last Wednesday at $25.64. Zatzkin, a 0-star analyst with a -5.4% average return, focuses on recreational and lifestyle stocks. The analyst consensus for Winnebago is also a Hold, with an average price target of $24.00, indicating a -3.1% downside. TipRanks, PerPlexity recently downgraded the stock to Hold with a $23.50 target.
Tesla was given a Hold rating by Goldman Sachs’ Mark Delaney, who set a price target of $360.00. The stock closed last Wednesday at $386.47. Delaney, a 5-star analyst with a 20.2% average return, covers technology stocks. The broader analyst consensus for Tesla is a Moderate Buy, with an average price target of $404.87, suggesting a 6.1% upside. UBS also maintained a Hold rating with a $391.00 target.