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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Planet Fitness (PLNT), Tapestry (TPR) and Berry Global Group (BERY)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Planet Fitness (PLNTResearch Report), Tapestry (TPRResearch Report) and Berry Global Group (BERYResearch Report).

Planet Fitness (PLNT)

In a report released yesterday, Chris O`Cull from Stifel Nicolaus downgraded Planet Fitness to Hold, with a price target of $70.00. The company’s shares closed last Thursday at $65.32.

According to TipRanks.com, O`Cull is a 5-star analyst with an average return of 11.2% and a 58.3% success rate. O`Cull covers the NA sector, focusing on stocks such as First Watch Restaurant Group, Papa John’s International, and Driven Brands Holdings.

Planet Fitness has an analyst consensus of Moderate Buy, with a price target consensus of $72.73.

See the top stocks recommended by analysts >>

Tapestry (TPR)

In a report released yesterday, Lorraine Hutchinson from Bank of America Securities reiterated a Buy rating on Tapestry, with a price target of $52.00. The company’s shares closed last Thursday at $40.37.

According to TipRanks.com, Hutchinson is a 4-star analyst with an average return of 3.7% and a 53.4% success rate. Hutchinson covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Bath & Body Works.

Currently, the analyst consensus on Tapestry is a Strong Buy with an average price target of $53.33, a 41.8% upside from current levels. In a report issued on April 24, Wells Fargo also maintained a Buy rating on the stock with a $60.00 price target.

Berry Global Group (BERY)

Bank of America Securities analyst George Staphos reiterated a Buy rating on Berry Global Group yesterday and set a price target of $81.00. The company’s shares closed last Thursday at $59.77.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 6.3% and a 54.5% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging.

Berry Global Group has an analyst consensus of Moderate Buy, with a price target consensus of $68.00, implying a 12.3% upside from current levels. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock.

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