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Analysts Conflicted on These Consumer Cyclical Names: Rivian Automotive (RIVN), DR Horton (DHI) and Caesars Entertainment (CZR)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Rivian Automotive (RIVNResearch Report), DR Horton (DHIResearch Report) and Caesars Entertainment (CZRResearch Report).

Rivian Automotive (RIVN)

Barclays analyst Dan Levy maintained a Hold rating on Rivian Automotive today and set a price target of $10.00. The company’s shares closed last Thursday at $8.83, close to its 52-week low of $8.26.

According to TipRanks.com, Levy is a 3-star analyst with an average return of 3.3% and a 41.8% success rate. Levy covers the NA sector, focusing on stocks such as Polestar Automotive Holding UK, Mobileye Global, Inc. Class A, and Magna International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rivian Automotive with a $15.55 average price target, a 78.7% upside from current levels. In a report issued on April 15, UBS also upgraded the stock to Hold with a $9.00 price target.

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DR Horton (DHI)

In a report released today, Aaron Hecht from JMP Securities maintained a Buy rating on DR Horton, with a price target of $170.00. The company’s shares closed last Thursday at $145.88.

According to TipRanks.com, Hecht is a 3-star analyst with an average return of 1.6% and a 46.6% success rate. Hecht covers the NA sector, focusing on stocks such as Chicago Atlantic Real Estate ate Finance Inc, Innovative Industrial Properties, and Diversified Healthcare Trust.

Currently, the analyst consensus on DR Horton is a Moderate Buy with an average price target of $165.40, implying an 8.1% upside from current levels. In a report issued on April 4, Barclays also maintained a Buy rating on the stock with a $186.00 price target.

Caesars Entertainment (CZR)

Barclays analyst Brandt Montour maintained a Buy rating on Caesars Entertainment today and set a price target of $63.00. The company’s shares closed last Thursday at $37.98, close to its 52-week low of $37.87.

According to TipRanks.com, Montour is a 4-star analyst with an average return of 9.2% and a 51.3% success rate. Montour covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts.

Caesars Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $58.78, a 52.2% upside from current levels. In a report issued on April 12, Deutsche Bank also maintained a Buy rating on the stock with a $59.00 price target.

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