There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Marinemax (HZO – Research Report) and Arcos Dorados Holdings (ARCO – Research Report) with bullish sentiments.
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Marinemax (HZO)
Citi analyst James Hardiman maintained a Buy rating on Marinemax yesterday and set a price target of $34.00. The company’s shares closed last Tuesday at $26.25.
According to TipRanks.com, Hardiman is a 4-star analyst with an average return of 10.9% and a 53.0% success rate. Hardiman covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, United Parks & Resorts, and Camping World Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marinemax with a $28.33 average price target.
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Arcos Dorados Holdings (ARCO)
Goldman Sachs analyst Thiago Bortoluci maintained a Buy rating on Arcos Dorados Holdings on September 11 and set a price target of $7.90. The company’s shares closed last Tuesday at $6.79.
According to TipRanks.com, Bortoluci is a 1-star analyst with an average return of -1.1% and a 50.0% success rate. Bortoluci covers the Consumer Goods sector, focusing on stocks such as Fomento Economico Mexicano, Coca Cola Femsa SAB De CV, and JBS.
Arcos Dorados Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $8.68.
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