Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Under Armour (UAA – Research Report), Mercadolibre (MELI – Research Report) and Airbnb (ABNB – Research Report).
Under Armour (UAA)
In a report released today, Jim Duffy from Stifel Nicolaus maintained a Buy rating on Under Armour, with a price target of $10.00. The company’s shares closed last Tuesday at $6.27, close to its 52-week low of $6.17.
According to TipRanks.com, Duffy is a 4-star analyst with an average return of
Under Armour has an analyst consensus of Hold, with a price target consensus of $7.28, implying a 13.0% upside from current levels. In a report issued on May 1, UBS also maintained a Buy rating on the stock with a $8.00 price target.
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Mercadolibre (MELI)
In a report released today, Irma Sgarz from Goldman Sachs maintained a Buy rating on Mercadolibre, with a price target of $3000.00. The company’s shares closed last Tuesday at $2515.12.
Sgarz has an average return of
According to TipRanks.com, Sgarz is ranked #1490 out of 9558 analysts.
Currently, the analyst consensus on Mercadolibre is a Strong Buy with an average price target of $2775.42, representing a 10.8% upside. In a report issued on May 7, BTIG also maintained a Buy rating on the stock with a $2750.00 price target.
Airbnb (ABNB)
Cantor Fitzgerald analyst Deepak Mathivanan reiterated a Sell rating on Airbnb yesterday and set a price target of $100.00. The company’s shares closed last Tuesday at $138.05.
According to TipRanks.com, Mathivanan is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Airbnb with a $145.52 average price target, representing an 8.1% upside. In a report issued on May 9, Phillip Securities also downgraded the stock to Sell with a $112.00 price target.
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