Halfords can step up a gear but Pets at Home to run out of puff, says RBC Bikes and pets have undeniably been among the pandemic winners, so its no surprise that analysts at RBC Capital Markets have initiated coverage of retail pair Halfords Group PLC (LON:HFD) and Pets and Home PLC LON:PETS). Halfords was given an outperform rating and 450p price target to start. A leader in the UK motoring and cycling retail and services markets, the analysts also noted that the FTSE 250-listed group also has exposure to the more fragmented but growing autocentres market. We see opportunity for market share gains from its growing Autoservices business and expect that its more integrated strategy should help to sustain some of the topline gains it has seen over the course of the pandemic. Pets at Home only received a sector perform rating and a 450p price target, with the analysts noting that the shares have had a strong run over the last year and so the valuation prevented a more positive rating. The retailer is the UK''s leading specialist pet care business, with around a 23% share of the UK pet care market.