There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Harte-Hanks (NYSE:HHS) and Eagle Bulk Shipping (NASDAQ:EGLE) with bullish sentiments.
Harte-Hanks (HHS)
In a report released yesterday, Michael Kupinski from Noble Financial maintained a Buy rating on Harte-Hanks, with a price target of $15. The company’s shares closed yesterday at $7.98, close to its 52-week low of $7.27.
According to TipRanks.com, Kupinski is ranked 0 out of 5 stars with an average return of -4.3% and a 44.3% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, McClatchy Company, and Townsquare Media.
Harte-Hanks has an analyst consensus of Moderate Buy, with a price target consensus of $15.
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Eagle Bulk Shipping (EGLE)
In a report released yesterday, Poe Fratt from Noble Financial maintained a Buy rating on Eagle Bulk Shipping, with a price target of $6.40. The company’s shares closed yesterday at $5.39.
Fratt has an average return of 0.4% when recommending Eagle Bulk Shipping.
According to TipRanks.com, Fratt is ranked #1606 out of 4850 analysts.
Eagle Bulk Shipping has an analyst consensus of Strong Buy, with a price target consensus of $6.98, representing a 29.5% upside. In a report issued on July 25, Maxim Group also upgraded the stock to Buy with a $7.50 price target.
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