Analysts have been eager to weigh in on the Services sector with new ratings on American Tower Corp (AMT) and Acadia Healthcare (ACHC).
American Tower Corp (AMT)
Citigroup analyst Michael Rollins maintained a Hold rating on American Tower Corp today and set a price target of $186. The company’s shares closed on Friday at $177.92, close to its 52-week high of $178.69.
According to TipRanks.com, Rollins is a 5-star analyst with an average return of 13.7% and a 71.2% success rate. Rollins covers the Technology sector, focusing on stocks such as Frontier Communications Corporation, CenturyLink Inc, and Windstream.
American Tower Corp has an analyst consensus of Moderate Buy, with a price target consensus of $184.40, which is a 3.6% upside from current levels. In a report issued on February 28, Oppenheimer also downgraded the stock to Hold with a $167 price target.
See today’s analyst top recommended stocks >>
Acadia Healthcare (ACHC)
In a report released today, Ralph Giacobbe from Citigroup maintained a Buy rating on Acadia Healthcare, with a price target of $38. The company’s shares closed on Friday at $30.41.
According to TipRanks.com, Giacobbe is a 4-star analyst with an average return of 11.6% and a 64.8% success rate. Giacobbe covers the Services sector, focusing on stocks such as Quest Diagnostics Inc, Tenet Healthcare, and Universal Health.
Currently, the analyst consensus on Acadia Healthcare is a Hold with an average price target of $33.
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.
