Analysts Weigh in on Consumer Cyclical Companies: MCD, VFC, LCID
Analysts have been weighing in on Consumer Cyclical companies, including McDonald's (MCD), VF (VFC) and Lucid Group (LCID).
Peter Saleh from BTIG maintained a Buy rating on McDonald's with a price target of $350.00. The company's shares closed last Tuesday at $268.34.
McDonald's currently has an analyst consensus of Moderate Buy, with an average price target of $322.71, representing a 19.4% upside. Evercore ISI also maintained a Buy rating on the stock with a $320.00 price target.
J.P. Morgan analyst Matthew Boss set a Sell rating on VF with a price target of $18.00. The company's shares closed last Tuesday at $15.23.
Needham analyst Chris Pierce reiterated a Hold rating on Lucid Group, which has an analyst consensus of Hold, with a price target consensus of $8.88, representing a 16.7% upside.