Analysts Are Bullish on Top Consumer Cyclical Stocks: Lucid Group (LCID), Driven Brands Holdings (DRVN)
There's a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Lucid Group (LCID – Research Report) and Driven Brands Holdings (DRVN – Research Report) with bullish sentiments.
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Lucid Group (LCID)
Benchmark Co. analyst Michael Legg maintained a Buy rating on Lucid Group today and set a price target of $5.00. The company's shares closed last Thursday at $2.32, close to its 52-week low of $1.93.
According to TipRanks.com, Legg is a 3-star analyst with an average return of 3.0% and a 33.0% success rate. Legg covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and Macy's. ;'>
Lucid Group has an analyst consensus of Hold, with a price target consensus of $2.38.
Driven Brands Holdings (DRVN)
Benchmark Co. analyst Michael Albanese initiated coverage with a Buy rating on Driven Brands Holdings today and set a price target of $22.00. The company's shares closed last Thursday at $16.45.
According to TipRanks.com, Albanese 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -34.7% and a 11.0% success rate. Albanese covers the NA sector, focusing on stocks such as Penske Automotive Group, Winnebago Industries, and Patrick Industries. ;'>
Driven Brands Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $19.91.
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