Analysts Offer Insights on Services Companies: Charles River Labs (CRL), Wynn Resorts (WYNN) and Michael Kors (KORS)


Companies in the Services sector have received a lot of coverage today as analysts weigh in on Charles River Labs (CRL), Wynn Resorts (WYNN) and Michael Kors (KORS).

Charles River Labs (CRL)

In a report released today, Michael J. Baker from Raymond James maintained a Buy rating on Charles River Labs, with a price target of $150. The company’s shares opened today at $136.36, close to its 52-week high of $138.89.

According to TipRanks.com, Baker is a 3-star analyst with an average return of 3.8% and a 62.5% success rate. Baker covers the Services sector, focusing on stocks such as WellCare Health Plans, Molina Healthcare, and Express Scripts.

Charles River Labs has an analyst consensus of Moderate Buy, with a price target consensus of $139.63, implying a 2.4% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $148 price target.

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See today’s analyst top recommended stocks >>

Wynn Resorts (WYNN)

Jefferies analyst David Katz maintained a Hold rating on Wynn Resorts today and set a price target of $114. The company’s shares opened today at $98.25, close to its 52-week low of $92.50.

According to TipRanks.com, Katz ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -12.3% and a 11.9% success rate. Katz covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Golden Entertainment.

Wynn Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $136.44, implying a 38.9% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $130 price target.

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Michael Kors (KORS)

In a report released today, Mark Altschwager from Robert W. Baird maintained a Hold rating on Michael Kors, with a price target of $65. The company’s shares opened today at $49.11, close to its 52-week low of $47.47.

According to TipRanks.com, Altschwager is a 4-star analyst with an average return of 10.6% and a 50.0% success rate. Altschwager covers the Services sector, focusing on stocks such as Abercrombie Fitch, Urban Outfitters, and Tapestry Inc.

Michael Kors has an analyst consensus of Moderate Buy, with a price target consensus of $73.71, representing a 50.1% upside. In a report released yesterday, Guggenheim also maintained a Hold rating on the stock.

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