Analysts Are Bullish on Top Services Stocks: Pareteum Corp (TEUM), KushCo Holdings Inc (KSHB)


There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Pareteum Corp (TEUM) and KushCo Holdings Inc (KSHB) with bullish sentiments.

Pareteum Corp (TEUM)

In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Pareteum Corp, with a price target of $7.50. The company’s shares closed yesterday at $4.15.

Latimore wrote:

“We believe Pareteum recently won a regional US cable company and a Brazilian and UK MVNO. We believe Pareteum had a strong 1Q and that the pullback in the stock is a great buying opportunity.”

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 15.7% and a 59.2% success rate. Latimore covers the Technology sector, focusing on stocks such as Super League Gaming Inc, Everbridge Inc, and Veritone Inc.

Pareteum Corp has an analyst consensus of Strong Buy, with a price target consensus of $8.17.

See today’s analyst top recommended stocks >>

KushCo Holdings Inc (KSHB)

Northland Securities analyst Paul Penney maintained a Buy rating on KushCo Holdings Inc today and set a price target of $8.75. The company’s shares closed yesterday at $5.53.

According to TipRanks.com, Penney is a 3-star analyst with an average return of 5.2% and a 47.9% success rate. Penney covers the Healthcare sector, focusing on stocks such as iAnthus Capital Holdings Inc, MedMen Enterprises Inc, and Planet 13 Holdings Inc.

KushCo Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $9.38.

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