There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on TJX Companies (TJX – Research Report) and Envela (ELA – Research Report) with bullish sentiments.
TJX Companies (TJX)
In a report released today, Dana Telsey from Telsey Advisory initiated coverage with a Buy rating on TJX Companies and a price target of $112.00. The company’s shares closed last Thursday at $98.92, close to its 52-week high of $102.84.
According to TipRanks.com, Telsey is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TJX Companies with a $113.82 average price target, representing a 15.2% upside. In a report issued on May 2, UBS also upgraded the stock to Buy with a $132.00 price target.
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Envela (ELA)
Lake Street analyst Mark Argento maintained a Buy rating on Envela today and set a price target of $6.00. The company’s shares closed last Thursday at $4.52.
According to TipRanks.com, Argento is ranked #964 out of 8864 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Envela with a $6.00 average price target.
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