Analysts have recently shared mixed views on three consumer cyclical companies: thredUP (TDUP), Texas Roadhouse (TXRH), and Nike (NKE).
Ike Boruchow from Wells Fargo reiterated a Buy rating on thredUP, setting a price target of $3.00. The stock closed last Thursday at $1.45. Boruchow is a 3-star analyst with a 1.9% average return and a 47.7% success rate. The consensus among analysts is a Moderate Buy, with an average price target of $2.80, suggesting a 63.7% upside. Roth MKM also maintained a Buy rating but with a higher target of $6.50.
Zachary Fadem from Wells Fargo assigned a Buy rating to Texas Roadhouse, with a price target of $220.00. The stock closed at $191.79 last Thursday. Fadem, a 1-star analyst with a -1.0% average return and a 54.0% success rate, covers several other stocks in the sector. The general consensus is a Moderate Buy, with an average price target of $210.15, indicating a 6.9% upside. Robert W. Baird also maintained a Buy rating but with a $200.00 target.
Jay Sole from UBS maintained a Hold rating on Nike, with a price target of $34.00. The stock closed last Thursday at $39.56. Sole is a 3-star analyst with a 1.5% average return and a 48.5% success rate. The consensus among analysts is a Hold, with an average price target of $36.44, implying a -9.7% downside. RBC Capital also assigned a Hold rating but with a $39.00 target.