Analysts Offer Insights on Consumer Cyclical Companies: Monro Muffler (MNRO) and Starbucks (SBUX)

TipRanks
Jun. 17, 2024, 04:56 AM

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Monro Muffler (MNROResearch Report) and Starbucks (SBUXResearch Report).

Monro Muffler (MNRO)

Wells Fargo analyst David Lantz maintained a Hold rating on Monro Muffler today and set a price target of $25.00. The company’s shares closed last Friday at $24.22, close to its 52-week low of $22.35.

According to TipRanks.com, Lantz is ranked #3926 out of 8883 analysts.

Monro Muffler has an analyst consensus of Hold, with a price target consensus of $25.00.

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Starbucks (SBUX)

Wells Fargo analyst Zachary Fadem maintained a Buy rating on Starbucks today and set a price target of $90.00. The company’s shares closed last Friday at $79.65.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 12.9% and a 62.9% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Restaurant Brands International, and National Vision Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Starbucks with a $88.78 average price target, which is a 11.0% upside from current levels. In a report issued on June 13, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $100.00 price target.

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-0.21 (-0.86%)
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