Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

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There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Gambling.com (GAMB – Research Report) and Topgolf Callaway Brands (MODG – Research Report) with bullish sentiments.

Gambling.com (GAMB)

Jefferies analyst David Katz maintained a Buy rating on Gambling.com today and set a price target of $18.00. The company’s shares closed last Wednesday at $8.47, close to its 52-week low of $8.35.

According to TipRanks.com, Katz is a 4-star analyst with an average return of 8.2% and a 46.3% success rate. Katz covers the NA sector, focusing on stocks such as International Game Technology, Rush Street Interactive, and Hilton Grand Vacations.

Gambling.com has an analyst consensus of Strong Buy, with a price target consensus of $15.63, an 81.7% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.

See today’s best-performing stocks on TipRanks >>

Topgolf Callaway Brands (MODG)

In a report released today, Casey Alexander from Compass Point reiterated a Buy rating on Topgolf Callaway Brands, with a price target of $23.00. The company’s shares closed last Wednesday at $15.56.

According to TipRanks.com, Alexander is a 5-star analyst with an average return of 11.2% and a 68.3% success rate. Alexander covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Blackstone Secured Lending Fund, and TriplePoint Venture Growth.

Topgolf Callaway Brands has an analyst consensus of Moderate Buy, with a price target consensus of $22.56, implying a 43.7% upside from current levels. In a report issued on May 1, B.Riley Financial also reiterated a Buy rating on the stock with a $21.00 price target.

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