There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Laboratory Corp (NYSE: LH), Foot Locker Inc (NYSE: FL) and Gap (NYSE: GPS) with bullish sentiments.
Laboratory Corp (NYSE: LH)
In a report issued on May 25, Jack Meehan from Barclays maintained a Buy rating on Laboratory Corp (NYSE: LH), with a price target of $220. The company’s shares closed on Friday at $182.14, close to its 52-week high of $184.33.
According to TipRanks.com, Meehan is a 4-star analyst with an average return of 9.4% and a 64.0% success rate. Meehan covers the Healthcare sector, focusing on stocks such as Genomic Health, Quidel Corp, and Waters Corp.
Laboratory Corp has an analyst consensus of Moderate Buy, with a price target consensus of $195.17.
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Foot Locker Inc (NYSE: FL)
In a report issued on May 25, Matthew McClintock from Barclays maintained a Buy rating on Foot Locker Inc (NYSE: FL), with a price target of $70. The company’s shares closed on Friday at $55.74, close to its 52-week high of $60.64.
According to TipRanks.com, McClintock is a 4-star analyst with an average return of 5.8% and a 53.8% success rate. McClintock covers the Services sector, focusing on stocks such as Floor & Decor Holdings Inc, Lululemon Athletica Inc, and Bed Bath & Beyond.
Currently, the analyst consensus on Foot Locker Inc is Moderate Buy and the average price target is $53.87, representing a -3.4% downside.
In a report issued on May 22, Pivotal Research also assigned a Buy rating to the stock with a $57 price target.
Gap (NYSE: GPS)
In a report issued on May 25, Chethan Mallela from Barclays maintained a Buy rating on Gap (NYSE: GPS), with a price target of $39. The company’s shares closed on Friday at $28.15.
According to TipRanks.com, Mallela is ranked #4345 out of 4810 analysts.
Currently, the analyst consensus on Gap is Hold and the average price target is $35.82, representing a 27.2% upside.
In a report issued on May 25, Jefferies also maintained a Buy rating on the stock with a $45 price target.
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