There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Darden (NYSE:DRI) and Teladoc (NYSE:TDOC) with bullish sentiments.
Darden (DRI)
Mizuho Securities analyst Jeremy Scott maintained a Buy rating on Darden today and set a price target of $125. The company’s shares closed yesterday at $116.45, close to its 52-week high of $124.
According to TipRanks.com, Scott is a 3-star analyst with an average return of 2.9% and a 47.0% success rate. Scott covers the Services sector, focusing on stocks such as Restaurant Brands International, Texas Roadhouse, and Domino’s Pizza.
Currently, the analyst consensus on Darden is a Moderate Buy with an average price target of $121.06, implying a 4.0% upside from current levels. In a report issued on September 11, Goldman Sachs also upgraded the stock to Buy with a $130 price target.
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Teladoc (TDOC)
In a report released today, Stephanie Davis from Citigroup maintained a Buy rating on Teladoc, with a price target of $88. The company’s shares closed yesterday at $75.40, close to its 52-week high of $79.64.
Davis has an average return of 49.9% when recommending Teladoc.
According to TipRanks.com, Davis is ranked #798 out of 4879 analysts.
Teladoc has an analyst consensus of Strong Buy, with a price target consensus of $76.15, which is a 1.0% upside from current levels. In a report released today, Piper Jaffray also maintained a Buy rating on the stock with a $84 price target.
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