Analysts have been eager to weigh in on the Services sector with new ratings on Carvana Co (NYSE:CVNA) and Michael Kors (NYSE:KORS).
Carvana Co (CVNA)
Citigroup analyst Mark May maintained a Buy rating on Carvana Co today and set a price target of $67. The company’s shares closed yesterday at $47.06, close to its 52-week high of $49.87.
According to TipRanks.com, May is a 5-star analyst with an average return of 13.8% and a 68.0% success rate. May covers the Services sector, focusing on stocks such as Booking Holdings Inc, Yatra Online Inc, and Trade Desk Inc.
Carvana Co has an analyst consensus of Strong Buy, with a price target consensus of $46.44, representing a -1.3% downside. In a report issued on August 1, Robert W. Baird also reiterated a Buy rating on the stock with a $53 price target.
.
See today’s analyst top recommended stocks >>
Michael Kors (KORS)
Citigroup analyst Paul Lejuez maintained a Hold rating on Michael Kors today and set a price target of $79. The company’s shares closed yesterday at $70.01, close to its 52-week high of $70.99.
According to TipRanks.com, Lejuez is a 4-star analyst with an average return of 14.7% and a 65.1% success rate. Lejuez covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, TJX Companies, and Tiffany & Co.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Michael Kors with a $76.57 average price target, representing a 9.4% upside. In a report released yesterday, Guggenheim also maintained a Hold rating on the stock.
.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
