Analysts Are Bullish on These Services Stocks: Expedia (EXPE), Monro Muffler (MNRO)


There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Expedia (NASDAQ:EXPE), Monro Muffler (NASDAQ:MNRO) and Live Nation Entertainment (NYSE:LYV) with bullish sentiments.

Expedia (EXPE)

In a report released today, Jake Fuller from Guggenheim reiterated a Buy rating on Expedia, with a price target of $160. The company’s shares opened today at $137.79.

Fuller has an average return of 17.6% when recommending Expedia.

According to TipRanks.com, Fuller is ranked #519 out of 4842 analysts.

Currently, the analyst consensus on Expedia is a Moderate Buy with an average price target of $151.88, representing a 10.2% upside. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $165 price target.

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Monro Muffler (MNRO)

Guggenheim analyst Ali Faghri reiterated a Buy rating on Monro Muffler today and set a price target of $74. The company’s shares opened today at $63.95.

According to TipRanks.com, Faghri is a 3-star analyst with an average return of 6.3% and a 64.9% success rate. Faghri covers the Services sector, focusing on stocks such as Penske Automotive Group, Advance Auto Parts, and CarMax.

Currently, the analyst consensus on Monro Muffler is a Moderate Buy with an average price target of $65.67, which is a 2.7% upside from current levels. In a report issued on July 13, Oppenheimer also assigned a Buy rating to the stock.

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Live Nation Entertainment (LYV)

In a report released today, Currey Baker from Guggenheim reiterated a Buy rating on Live Nation Entertainment, with a price target of $60. The company’s shares opened today at $50.35, close to its 52-week high of $52.84.

According to TipRanks.com, Baker is a 5-star analyst with an average return of 54.3% and a 95.2% success rate. Baker covers the Services sector, focusing on stocks such as Gray Television, World Wrestling, and EW Scripps.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Live Nation Entertainment with a $55.29 average price target, representing a 9.8% upside. In a report issued on July 24, BTIG also upgraded the stock to Buy with a $60 price target.

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