Analysts have been eager to weigh in on the Services sector with new ratings on Carnival Corp (CCL) and Fusion Connect Inc (FSNN).
Carnival Corp (CCL)
In a report released yesterday, Stuart Gordon from Berenberg Bank maintained a Buy rating on Carnival Corp, with a price target of $60. The company’s shares closed yesterday at $52.37.
Gordon has an average return of 4.5% when recommending Carnival Corp.
According to TipRanks.com, Gordon is ranked #613 out of 5231 analysts.
Carnival Corp has an analyst consensus of Moderate Buy, with a price target consensus of $63.18, representing a 20.6% upside. In a report issued on March 19, Stifel Nicolaus also reiterated a Buy rating on the stock with a $70 price target.
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Fusion Connect Inc (FSNN)
B.Riley FBR analyst Josh Nichols downgraded Fusion Connect Inc to Hold today and set a price target of $0.75. The company’s shares closed yesterday at $1.20, close to its 52-week low of $1.19.
According to TipRanks.com, Nichols is a 4-star analyst with an average return of 12.3% and a 42.0% success rate. Nichols covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, Pointer Telocation Ltd, and Immersion Corp.
Fusion Connect Inc has an analyst consensus of Moderate Buy, with a price target consensus of $9.75.
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