Analysts Conflicted on These Services Names: Home Depot (HD) and Sysco Corp (SYY)


Analysts have been eager to weigh in on the Services sector with new ratings on Home Depot (NYSE:HD) and Sysco Corp (NYSE:SYY).

Home Depot (HD)

RBC Capital analyst Scot Ciccarelli reiterated a Buy rating on Home Depot on August 14 and set a price target of $218. The company’s shares opened today at $195.60.

According to TipRanks.com, Ciccarelli is a 5-star analyst with an average return of 16.4% and a 74.0% success rate. Ciccarelli covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Dick’s Sporting Goods, and Genuine Parts Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Home Depot with a $217.30 average price target, representing an 11.1% upside. In a report issued on August 14, Oppenheimer also maintained a Buy rating on the stock with a $220 price target.

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Sysco Corp (SYY)

In a report issued on August 14, William Kirk from RBC Capital reiterated a Hold rating on Sysco Corp, with a price target of $63. The company’s shares opened today at $73.94, close to its 52-week high of $75.33.

According to TipRanks.com, Kirk is a 1-star analyst with an average return of 0.0% and a 46.1% success rate. Kirk covers the Services sector, focusing on stocks such as US Food Holdings Corp, Natural Grocers, and Supervalu Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sysco Corp with a $72.75 average price target, which is a -1.6% downside from current levels. In a report issued on August 13, Jefferies also reiterated a Hold rating on the stock with a $68 price target.

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