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Analysts Offer Insights on Consumer Cyclical Companies: Hanesbrands (HBI) and O’Reilly Auto (ORLY)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Hanesbrands (HBIResearch Report) and O’Reilly Auto (ORLYResearch Report).

Hanesbrands (HBI)

Wells Fargo analyst Ike Boruchow maintained a Sell rating on Hanesbrands today and set a price target of $3.50. The company’s shares closed last Tuesday at $4.68.

According to TipRanks.com, Boruchow is ranked 0 out of 5 stars with an average return of -4.0% and a 42.1% success rate. Boruchow covers the NA sector, focusing on stocks such as Lululemon Athletica, Levi Strauss & Co, and Burlington Stores.

Currently, the analyst consensus on Hanesbrands is a Hold with an average price target of $4.50.

See Insiders’ Hot Stocks on TipRanks >>

O’Reilly Auto (ORLY)

Wells Fargo analyst Zachary Fadem maintained a Buy rating on O’Reilly Auto today and set a price target of $1300.00. The company’s shares closed last Tuesday at $1089.51.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 13.9% and a 63.9% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Restaurant Brands International, and National Vision Holdings.

Currently, the analyst consensus on O’Reilly Auto is a Strong Buy with an average price target of $1174.21, implying a 9.4% upside from current levels. In a report issued on April 2, Truist Financial also maintained a Buy rating on the stock with a $1234.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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