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Analysts Offer Insights on Consumer Cyclical Companies: Tesla (TSLA), Jack In The Box (JACK) and Advance Auto Parts (AAP)

Tipranks - Tipranks - Tue Oct 27, 6:24AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Tesla (TSLA), Jack In The Box (JACK) and Advance Auto Parts (AAP).

Tesla (TSLA)

Canaccord Genuity analyst George Gianarikas maintained a Buy rating on Tesla yesterday and set a price target of $442.00. The company’s shares closed last Friday at $372.22.

According to TipRanks.com, Gianarikas is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.1% and a 34.0% success rate. Gianarikas covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, Generac Holdings, and Fuelcell Energy.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tesla with a $414.25 average price target, which is a 11.0% upside from current levels. In a report issued on October 22, TipRanks – xAI also upgraded the stock to Buy with a $425.00 price target.

See the top stocks recommended by analysts >>

Jack In The Box (JACK)

In a report released today, Sara Senatore from Bank of America Securities assigned a Buy rating to Jack In The Box, with a price target of $21.00. The company’s shares closed last Friday at $11.03.

According to TipRanks.com, Senatore has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -2.4% and a 45.4% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International.

Jack In The Box has an analyst consensus of Moderate Buy, with a price target consensus of $18.11.

Advance Auto Parts (AAP)

Bank of America Securities analyst Christopher Nardone initiated coverage with a Sell rating on Advance Auto Parts today and set a price target of $42.00. The company’s shares closed last Friday at $46.92.

According to TipRanks.com, Nardone is a 4-star analyst with an average return of 10.3% and a 56.4% success rate. Nardone covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Williams-Sonoma, and Tractor Supply.

Advance Auto Parts has an analyst consensus of Hold, with a price target consensus of $48.19, representing a 6.0% upside. In a report released today, Rothschild & Co Redburn also downgraded the stock to Sell with a $32.00 price target.

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