Companies in the Services sector have received a lot of coverage today as analysts weigh in on Discovery Comms (NASDAQ:DISCA) and Envestnet Inc (NYSE:ENV).
Discovery Comms (DISCA)
In a report released yesterday, Steven Cahall from RBC Capital reiterated a Buy rating on Discovery Comms, with a price target of $30. The company’s shares opened today at $25.38.
According to TipRanks.com, Cahall is a 3-star analyst with an average return of 4.2% and a 56.6% success rate. Cahall covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Lions Gate Ent Corp Cl A, and Hemisphere Media.
Discovery Comms has an analyst consensus of Moderate Buy, with a price target consensus of $29.56, implying a 16.5% upside from current levels. In a report released yesterday, Barrington also maintained a Buy rating on the stock with a $30 price target.
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Envestnet Inc (ENV)
In a report released yesterday, Daniel Perlin from RBC Capital reiterated a Hold rating on Envestnet Inc, with a price target of $66. The company’s shares opened today at $62.40, close to its 52-week high of $62.95.
According to TipRanks.com, Perlin is a top 100 analyst with an average return of 27.5% and a 85.2% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, DXC Technology Company, and Total System Services.
Currently, the analyst consensus on Envestnet Inc is a Moderate Buy with an average price target of $62.60.
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