Analysts Conflicted on These Consumer Cyclical Names: EVgo (EVGO) and Portillo's (PTLO)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on EVgo (EVGO – Research Report) and Portillo's (PTLO – Research Report).
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EVgo (EVGO)
In a report released today, Chris Pierce from Needham reiterated a Hold rating on EVgo. The company's shares closed last Tuesday at $3.67.
According to TipRanks.com, Pierce is ranked 0 out of 5 stars with an average return of -15.5% and a 34.7% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and Sonic Automotive.
EVgo has an analyst consensus of Strong Buy, with a price target consensus of $6.63.
Portillo's (PTLO)
Stifel Nicolaus analyst Chris O`Cull maintained a Buy rating on Portillo's today and set a price target of $17.00. The company's shares closed last Tuesday at $10.47.
According to TipRanks.com, O`Cull is a 5-star analyst with an average return of 13.4% and a 57.1% success rate. O`Cull covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John's International.
Currently, the analyst consensus on Portillo's is a Moderate Buy with an average price target of $14.60, which is a 47.8% upside from current levels. In a report released today, William Blair also reiterated a Buy rating on the stock.
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