Tag: SKX

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Skechers USA (SKX – Research Report), Genuine Parts Company (GPC – Research Report) and Beyond Inc (BYON – Research Report).

Skechers USA (SKX)

In a report released today, Tom Nikic from Wedbush maintained a Buy rating on Skechers USA, with a price target of $68.00. The company’s shares closed last Thursday at $56.86.

According to TipRanks.com, Nikic is a 3-star analyst with an average return of 1.4% and a 46.5% success rate. Nikic covers the NA sector, focusing on stocks such as Lululemon Athletica, Deckers Outdoor, and Steven Madden.

Skechers USA has an analyst consensus of Strong Buy, with a price target consensus of $68.00, which is a 19.9% upside from current levels. In a report issued on April 16, Williams Trading also maintained a Buy rating on the stock with a $71.00 price target.

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Genuine Parts Company (GPC)

Wedbush analyst Seth Basham maintained a Hold rating on Genuine Parts Company today and set a price target of $170.00. The company’s shares closed last Thursday at $160.23.

According to TipRanks.com, Basham is a 5-star analyst with an average return of 10.0% and a 49.4% success rate. Basham covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Dick’s Sporting Goods.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Genuine Parts Company with a $167.83 average price target, a 7.7% upside from current levels. In a report issued on April 16, Evercore ISI also maintained a Hold rating on the stock with a $155.00 price target.

Beyond Inc (BYON)

Wedbush analyst Michael Pachter reiterated a Buy rating on Beyond Inc today and set a price target of $43.00. The company’s shares closed last Thursday at $23.02.

According to TipRanks.com, Pachter is a 1-star analyst with an average return of -2.3% and a 46.2% success rate. Pachter covers the NA sector, focusing on stocks such as Getty Images Holdings, Playtika Holding, and fuboTV.

Currently, the analyst consensus on Beyond Inc is a Moderate Buy with an average price target of $39.00, which is a 67.5% upside from current levels. In a report issued on April 17, Maxim Group also initiated coverage with a Buy rating on the stock with a $50.00 price target.

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Read More on SKX:

• Skechers price target lowered to $68 from $73 at Evercore ISI
• Crocs initiated, Bill downgraded: Wall Street’s top analyst calls
• Barclays starts Skechers with Overweight on increasing visibility
• Skechers initiated with an Overweight at Barclays
• GE upgraded, Vail Resorts downgraded: Wall Street’s top analyst calls