There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Dick’s Sporting Goods (DKS – Research Report) and Burlington Stores (BURL – Research Report) with bullish sentiments.
Dick’s Sporting Goods (DKS)
Telsey Advisory analyst Joe Feldman reiterated a Buy rating on Dick’s Sporting Goods today and set a price target of $135.00. The company’s shares closed last Thursday at $129.51, close to its 52-week high of $134.87.
According to TipRanks.com, Feldman is a 4-star analyst with an average return of 7.4% and a 50.8% success rate. Feldman covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Grocery Outlet Holding, and Vintage Wine Estates.
Currently, the analyst consensus on Dick’s Sporting Goods is a Moderate Buy with an average price target of $142.91, representing an 11.6% upside. In a report issued on February 16, Barclays also maintained a Buy rating on the stock with a $139.00 price target.
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Burlington Stores (BURL)
In a report released today, Dana Telsey from Telsey Advisory reiterated a Buy rating on Burlington Stores, with a price target of $250.00. The company’s shares closed last Thursday at $212.00.
According to TipRanks.com, Telsey is ranked 0 out of 5 stars with an average return of -3.9% and a 37.5% success rate. Telsey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Wolverine World Wide, and Lululemon Athletica.
Burlington Stores has an analyst consensus of Strong Buy, with a price target consensus of $247.64, representing a 12.6% upside. In a report issued on February 17, Deutsche Bank also maintained a Buy rating on the stock with a $241.00 price target.
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