There’s a lot to be optimistic about in the NA sector as 3 analysts just weighed in on Lululemon Athletica (LULU – Research Report), Chewy (CHWY – Research Report) and Casey’s General (CASY – Research Report) with bullish sentiments.
Lululemon Athletica (LULU)
Wedbush analyst Tom Nikic reiterated a Buy rating on Lululemon Athletica today and set a price target of $415.00. The company’s shares closed last Friday at $368.84, close to its 52-week high of $389.06.
According to TipRanks.com, Nikic is a 1-star analyst with an average return of -2.2% and a 44.4% success rate. Nikic covers the NA sector, focusing on stocks such as Deckers Outdoor, Revolve Group, and Skechers USA.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lululemon Athletica with a $409.18 average price target, implying an 8.2% upside from current levels. In a report issued on May 26, Citi also maintained a Buy rating on the stock with a $440.00 price target.
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Chewy (CHWY)
RBC Capital analyst Steven Shemesh reiterated a Buy rating on Chewy today and set a price target of $56.00. The company’s shares closed last Friday at $35.42.
According to TipRanks.com, Shemesh is ranked 0 out of 5 stars with an average return of -8.3% and a 32.0% success rate. Shemesh covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Driven Brands Holdings, and Advance Auto Parts.
Chewy has an analyst consensus of Moderate Buy, with a price target consensus of $44.26, which is a 22.2% upside from current levels. In a report issued on May 25, Bank of America Securities also maintained a Buy rating on the stock with a $51.00 price target.
Casey’s General (CASY)
In a report released today, John Lawrence from Benchmark Co. reiterated a Buy rating on Casey’s General, with a price target of $275.00. The company’s shares closed last Friday at $228.21.
According to TipRanks.com, Lawrence is a 1-star analyst with an average return of -4.6% and a 48.7% success rate. Lawrence covers the NA sector, focusing on stocks such as Hibbett Sports, Citi Trends, and Kirkland’s.
Currently, the analyst consensus on Casey’s General is a Strong Buy with an average price target of $267.14, which is a 18.3% upside from current levels. In a report issued on May 30, BMO Capital also maintained a Buy rating on the stock with a $270.00 price target.
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