There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Laboratory Corp (LH) and Spirit Airlines (SAVE) with bullish sentiments.
Laboratory Corp (LH)
KeyBanc analyst Donald Hooker maintained a Buy rating on Laboratory Corp today and set a price target of $165. The company’s shares closed on Tuesday at $143.33, close to its 52-week low of $142.40.
Hooker has an average return of 6.6% when recommending Laboratory Corp.
According to TipRanks.com, Hooker is ranked #279 out of 5121 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Laboratory Corp with a $166.82 average price target, implying a 16.4% upside from current levels. In a report issued on November 30, Piper Jaffray also maintained a Buy rating on the stock with a $177 price target.
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Spirit Airlines (SAVE)
Credit Suisse analyst Jose Caiado upgraded Spirit Airlines to Buy today and set a price target of $77. The company’s shares closed on Tuesday at $63.13, close to its 52-week high of $65.35.
According to TipRanks.com, Caiado is a 2-star analyst with an average return of -0.1% and a 50.0% success rate. Caiado covers the Services sector, focusing on stocks such as Southwest Airlines, American Airlines, and JetBlue Airways.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Spirit Airlines with a $66.64 average price target, which is a 5.6% upside from current levels. In a report issued on November 27, Imperial Capital also maintained a Buy rating on the stock with a $98 price target.
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