Analysts Are Bullish on These Services Stocks: Dollar Tree (DLTR), Amazon (AMZN)


There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Dollar Tree (NASDAQ:DLTR), Amazon (NASDAQ:AMZN) and Carnival Corp (NYSE:CCL) with bullish sentiments.

Dollar Tree (DLTR)

In a report issued on October 25, Judah Frommer from Credit Suisse maintained a Buy rating on Dollar Tree, with a price target of $96. The company’s shares opened today at $84.21, close to its 52-week low of $78.78.

According to TipRanks.com, Frommer is a 2-star analyst with an average return of -0.5% and a 57.9% success rate. Frommer covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, US Food Holdings Corp, and Sprouts Farmers.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dollar Tree with a $96.33 average price target, a 14.4% upside from current levels. In a report issued on October 11, RBC Capital also maintained a Buy rating on the stock with a $94 price target.

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Amazon (AMZN)

Credit Suisse analyst Stephen Ju maintained a Buy rating on Amazon on October 26 and set a price target of $2400. The company’s shares opened today at $1486.16.

According to TipRanks.com, Ju is a top 100 analyst with an average return of 17.8% and a 66.7% success rate. Ju covers the Technology sector, focusing on stocks such as Endurance International, Activision Blizzard, and Alphabet Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $2165.91 average price target, implying a 45.7% upside from current levels. In a report issued on October 11, Morningstar also maintained a Buy rating on the stock with a $2200 price target.

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Carnival Corp (CCL)

Credit Suisse analyst Tim Ramskill maintained a Buy rating on Carnival Corp on October 26 and set a price target of $75. The company’s shares opened today at $54.09, close to its 52-week low of $53.47.

According to TipRanks.com, Ramskill is ranked #3850 out of 4873 analysts.

Currently, the analyst consensus on Carnival Corp is a Moderate Buy with an average price target of $71.60.

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