Analysts Are Bullish on These Consumer Cyclical Stocks: Savers Value Village Inc. (SVV), Alibaba (BABA)

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There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Savers Value Village Inc. (SVVResearch Report) and Alibaba (BABAResearch Report) with bullish sentiments.

Savers Value Village Inc. (SVV)

In a report issued on May 14, Mark Altschwager from Robert W. Baird maintained a Buy rating on Savers Value Village Inc., with a price target of $21.00. The company’s shares closed last Wednesday at $13.36.

According to TipRanks.com, Altschwager is a 4-star analyst with an average return of 3.6% and a 45.1% success rate. Altschwager covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Bath & Body Works.

Savers Value Village Inc. has an analyst consensus of Strong Buy, with a price target consensus of $22.71, implying a 59.1% upside from current levels. In a report issued on May 10, Piper Sandler also maintained a Buy rating on the stock with a $19.00 price target.

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Alibaba (BABA)

Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Alibaba on May 14 and set a price target of $85.00. The company’s shares closed last Wednesday at $80.99.

According to TipRanks.com, Sebastian is a 5-star analyst with an average return of 13.5% and a 55.5% success rate. Sebastian covers the Technology sector, focusing on stocks such as Corsair Gaming, Salesforce, and Shopify.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba with a $105.42 average price target, which is a 31.1% upside from current levels. In a report issued on May 7, Truist Financial also maintained a Buy rating on the stock with a $113.00 price target.

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