Analysts Conflicted on These Services Names: Wal-Mart Stores Inc (WMT) and SailPoint Technologies Holdings Inc (SAIL)


Analysts have been eager to weigh in on the Services sector with new ratings on Wal-Mart Stores Inc (NYSE:WMT) and SailPoint Technologies Holdings Inc (NYSE:SAIL).

Wal-Mart Stores Inc (WMT)

In a report released today, Scot Ciccarelli from RBC Capital maintained a Hold rating on Wal-Mart Stores Inc, with a price target of $90. The company’s shares opened today at $89.01.

According to TipRanks.com, Ciccarelli is a 5-star analyst with an average return of 16.0% and a 74.5% 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 Moderate Buy analyst consensus rating for Wal-Mart Stores Inc with a $96.08 average price target, which is a 7.9% upside from current levels. In a report issued on August 7, J.P. Morgan also maintained a Hold rating on the stock with a $87 price target.

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SailPoint Technologies Holdings Inc (SAIL)

Needham analyst Alex Henderson maintained a Buy rating on SailPoint Technologies Holdings Inc today and set a price target of $30. The company’s shares opened today at $29.20, close to its 52-week high of $30.39.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 12.6% and a 52.5% success rate. Henderson covers the Consumer Goods sector, focusing on stocks such as Acacia Communications, Lumentum Holdings, and Ceragon Networks.

SailPoint Technologies Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $31, representing a 6.2% upside. In a report released today, Jefferies also maintained a Buy rating on the stock with a $34 price target.

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