Companies in the Services sector have received a lot of coverage today as analysts weigh in on Costco (NASDAQ:COST), Copa Holdings (NYSE:CPA) and Trade Desk Inc (NASDAQ:TTD).
Costco (COST)
Cowen & Co. analyst Oliver Chen reiterated a Buy rating on Costco yesterday and set a price target of $240. The company’s shares closed yesterday at $218.24, close to its 52-week high of $225.48.
According to TipRanks.com, Chen is a 4-star analyst with an average return of 6.7% and a 52.0% success rate. Chen covers the Services sector, focusing on stocks such as Restoration Hardware Holdings Inc, Lululemon Athletica Inc, and Signet Jewelers Limited.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Costco with a $230.33 average price target, implying a 5.5% upside from current levels. In a report issued on July 25, Gordon Haskett Capital Corporation also maintained a Buy rating on the stock with a $235 price target.
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Copa Holdings (CPA)
Cowen & Co. analyst Helane Becker reiterated a Hold rating on Copa Holdings yesterday and set a price target of $100. The company’s shares closed yesterday at $84.05, close to its 52-week low of $83.74.
According to TipRanks.com, Becker is a top 25 analyst with an average return of 22.8% and a 77.8% success rate. Becker covers the Services sector, focusing on stocks such as Allegiant Travel Company, Air Transport Services, and Southwest Airlines.
The word on The Street in general, suggests a Hold analyst consensus rating for Copa Holdings with a $112 average price target, implying a 33.3% upside from current levels. In a report released yesterday, Stifel Nicolaus also downgraded the stock to Hold.
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Trade Desk Inc (TTD)
In a report released today, John Egbert from Stifel Nicolaus reiterated a Buy rating on Trade Desk Inc, with a price target of $130. The company’s shares closed yesterday at $93.29, close to its 52-week high of $97.87.
According to TipRanks.com, Egbert is a 4-star analyst with an average return of 14.2% and a 52.9% success rate. Egbert covers the Technology sector, focusing on stocks such as Yelp Inc, Snap Inc, and Twitter.
Currently, the analyst consensus on Trade Desk Inc is a Moderate Buy with an average price target of $101.64, which is an 9.0% upside from current levels. In a report released yesterday, RBC Capital also reiterated a Buy rating on the stock with a $126 price target.
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