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 3 analysts just weighed in on Rush Street Interactive (RSIResearch Report), MGM Resorts (MGMResearch Report) and Silgan Holdings (SLGNResearch Report) with bullish sentiments.

Rush Street Interactive (RSI)

Wells Fargo analyst Daniel Politzer maintained a Buy rating on Rush Street Interactive today and set a price target of $9.00. The company’s shares closed last Wednesday at $6.42.

According to TipRanks.com, Politzer is a 4-star analyst with an average return of 4.7% and a 47.9% success rate. Politzer covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Life Time Group Holdings, and Marriott International.

Currently, the analyst consensus on Rush Street Interactive is a Strong Buy with an average price target of $8.57, representing a 35.0% upside. In a report issued on April 19, Craig-Hallum also upgraded the stock to Buy with a $8.00 price target.

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MGM Resorts (MGM)

J.P. Morgan analyst Joseph Greff maintained a Buy rating on MGM Resorts yesterday and set a price target of $57.00. The company’s shares closed last Wednesday at $39.75.

According to TipRanks.com, Greff is a 5-star analyst with an average return of 8.2% and a 50.0% success rate. Greff covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Marriott International, and Penn National Gaming.

MGM Resorts has an analyst consensus of Strong Buy, with a price target consensus of $57.23, a 47.0% upside from current levels. In a report released today, Susquehanna also upgraded the stock to Buy with a $54.00 price target.

Silgan Holdings (SLGN)

In a report released today, Gabrial Hajde from Wells Fargo maintained a Buy rating on Silgan Holdings, with a price target of $54.00. The company’s shares closed last Wednesday at $44.72.

According to TipRanks.com, Hajde is a 3-star analyst with an average return of 2.8% and a 55.2% success rate. Hajde covers the NA sector, focusing on stocks such as Ardagh Metal Packaging, International Paper Co, and Graphic Packaging.

Currently, the analyst consensus on Silgan Holdings is a Strong Buy with an average price target of $52.25, implying a 9.6% upside from current levels. In a report issued on April 23, RBC Capital also maintained a Buy rating on the stock with a $51.00 price target.

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