There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CSX Corp (CSX) and Spirit Airlines (SAVE) with bullish sentiments.
CSX Corp (CSX)
Credit Suisse analyst Allison Landry maintained a Buy rating on CSX Corp yesterday and set a price target of $81. The company’s shares closed yesterday at $65.09.
According to TipRanks.com, Landry is a 5-star analyst with an average return of 9.7% and a 63.5% success rate. Landry covers the Services sector, focusing on stocks such as Expeditors International, Echo Global Logistics, and Kansas City Southern.
CSX Corp has an analyst consensus of Moderate Buy, with a price target consensus of $73.73, a 13.3% upside from current levels. In a report issued on January 3, Stephens also reiterated a Buy rating on the stock with a $77 price target.
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Spirit Airlines (SAVE)
Credit Suisse analyst Jose Caiado maintained a Buy rating on Spirit Airlines on January 16 and set a price target of $77. The company’s shares closed yesterday at $60.31, close to its 52-week high of $65.35.
According to TipRanks.com, Caiado is a 1-star analyst with an average return of -4.2% and a 28.6% success rate. Caiado covers the Services sector, focusing on stocks such as Southwest Airlines, American Airlines, and JetBlue Airways.
Currently, the analyst consensus on Spirit Airlines is a Strong Buy with an average price target of $70.27, which is a 16.5% upside from current levels. In a report issued on January 9, Imperial Capital also maintained a Buy rating on the stock with a $88 price target.
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