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Analysts Are Bullish on Top Consumer Cyclical Stocks: Madison Square Garden Entertainment Corp. (MSGE), Ralph Lauren (RL)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Madison Square Garden Entertainment Corp. (MSGEResearch Report), Ralph Lauren (RLResearch Report) and Adient (ADNTResearch Report) with bullish sentiments.

Madison Square Garden Entertainment Corp. (MSGE)

In a report released today, Peter Henderson from Bank of America Securities maintained a Buy rating on Madison Square Garden Entertainment Corp.. The company’s shares closed last Monday at $36.43.

Henderson has an average return of 7.6% when recommending Madison Square Garden Entertainment Corp..

According to TipRanks.com, Henderson is ranked #5197 out of 8841 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Madison Square Garden Entertainment Corp. with a $45.00 average price target, which is a 19.8% upside from current levels. In a report released yesterday, Macquarie also maintained a Buy rating on the stock with a $46.00 price target.

See the top stocks recommended by analysts >>

Ralph Lauren (RL)

Bank of America Securities analyst Christopher Nardone reiterated a Buy rating on Ralph Lauren today. The company’s shares closed last Monday at $165.61.

According to TipRanks.com, Nardone is a 4-star analyst with an average return of 17.8% and a 65.3% success rate. Nardone covers the NA sector, focusing on stocks such as Levi Strauss & Co, Deckers Outdoor, and American Eagle.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ralph Lauren with a $193.00 average price target, implying a 14.7% upside from current levels. In a report issued on April 30, Jefferies also initiated coverage with a Buy rating on the stock with a $195.00 price target.

Adient (ADNT)

In a report released today, John Murphy from Bank of America Securities maintained a Buy rating on Adient. The company’s shares closed last Monday at $29.47, close to its 52-week low of $26.97.

According to TipRanks.com, Murphy is a 4-star analyst with an average return of 7.0% and a 55.0% success rate. Murphy covers the NA sector, focusing on stocks such as Penske Automotive Group, Kar Auction Services, and America’s Car-Mart.

The word on The Street in general, suggests a Hold analyst consensus rating for Adient with a $32.83 average price target, an 11.9% upside from current levels. In a report issued on May 6, Wells Fargo also assigned a Buy rating to the stock with a $33.00 price target.

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