There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on AutoNation (AN) and Cheesecake Factory (CAKE) with bullish sentiments.\n\nAutoNation (AN)\n\nIn a report released today, Michael Ward from Citi maintained a Buy rating on AutoNation, with a price target of $242.00. The company’s shares closed last Tuesday at $193.23, close to its 52-week high of $198.50.\n\nAccording to TipRanks.com, Ward is a 4-star analyst with an average return of 5.5% and a 55.3% success rate. Ward covers the NA sector, focusing on stocks such as Cooper-Standard Holdings, Penske Automotive Group, and Group 1 Automotive.\n\nThe word on The Street in general, suggests a Moderate Buy analyst consensus rating for AutoNation with a $224.71 average price target, which is a 14.6% upside from current levels. In a report issued on July 17, Guggenheim also maintained a Buy rating on the stock with a $230.00 price target.\n\nCheesecake Factory (CAKE)\n\nIn a report released today, Jon Tower from Citi maintained a Buy rating on Cheesecake Factory, with a price target of $75.00. The company’s shares closed last Tuesday at $63.18.\n\nAccording to TipRanks.com, Tower is a 5-star analyst with an average return of 12.1% and a 58.9% success rate. Tower covers the NA sector, focusing on stocks such as Darden Restaurants, CAVA Group, Inc., and BJ’s Restaurants.\n\nCurrently, the analyst consensus on Cheesecake Factory is a Hold with an average price target of $61.69, a -6.4% downside from current levels. In a report issued on July 16, Stephens also maintained a Buy rating on the stock with a $73.00 price target.

Analysts Are Bullish on Top Consumer Cyclical Stocks: AutoNation (AN), Cheesecake Factory (CAKE)

Analysts have expressed bullish sentiments toward AutoNation (AN) and Cheesecake Factory (CAKE), with Citi analysts Michael Ward and Jon Tower maintaining Buy ratings and price targets. AutoNation's shares closed near its 52-week high, while Cheesecake Factory's shares closed below its target. Analyst consensus ratings and price targets from multiple firms are highlighted.