There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Moody’s Corp (NYSE: MCO) and Wynn Resorts (NASDAQ: WYNN) with bullish sentiments.
Moody’s Corp (MCO)
Nomura analyst Dan Dolev maintained a Buy rating on Moody’s Corp today and set a price target of $193. The company’s shares closed on Friday at $172.81, close to its 52-week high of $179.84.
According to TipRanks.com, Dolev is a 5-star analyst with an average return of 16.1% and a 66.7% success rate. Dolev covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, ARAMARK Holdings, and S&P Global Inc.
Currently, the analyst consensus on Moody’s Corp is a Moderate Buy with an average price target of $176.67.
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Wynn Resorts (WYNN)
Nomura analyst Harry Curtis maintained a Buy rating on Wynn Resorts today and set a price target of $181. The company’s shares closed on Friday at $156.86.
Curtis has an average return of 9.3% when recommending Wynn Resorts.
According to TipRanks.com, Curtis is ranked #264 out of 4835 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wynn Resorts with a $217.17 average price target, implying a 38.4% upside from current levels. In a report issued on June 29, Jefferies also reiterated a Buy rating on the stock with a $229 price target.
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