There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on The Hackett Group (HCKT) and CBS Corp (CBS) with bullish sentiments.
The Hackett Group (HCKT)
Barrington analyst Vincent Colicchio maintained a Buy rating on The Hackett Group today and set a price target of $23. The company’s shares opened today at $19.20.
“We expect Hackett to report Q4/18 non‐GAAP EPS of $0.26, which is in line with the Factset consensus of $0.26. Our EPS forecast represents year‐over‐year and sequential declines of 2%.”
According to TipRanks.com, Colicchio is a 1-star analyst with an average return of -4.3% and a 55.4% success rate. Colicchio covers the Technology sector, focusing on stocks such as Exlservice Holdings, Computer Task, and HealthStream.
The the analyst consensus on The Hackett Group is currently a Moderate Buy rating.
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CBS Corp (CBS)
In a report released today, James Goss from Barrington maintained a Buy rating on CBS Corp, with a price target of $72. The company’s shares opened today at $48.60.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 9.3% and a 58.2% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.
Currently, the analyst consensus on CBS Corp is a Moderate Buy with an average price target of $60.75, which is a 25.0% upside from current levels. In a report issued on February 4, BMO Capital also reiterated a Buy rating on the stock with a $63 price target.
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