Analysts have been eager to weigh in on the Services sector with new ratings on NeoGenomics (NASDAQ:NEO) and Lumber Liquidators (NYSE:LL).
NeoGenomics (NEO)
In a report issued on October 30, Drew Jones from Stephens reiterated a Buy rating on NeoGenomics, with a price target of $19. The company’s shares closed yesterday at $18.44, close to its 52-week high of $18.88.
According to TipRanks.com, Jones is a 5-star analyst with an average return of 17.4% and a 70.4% success rate. Jones covers the Healthcare sector, focusing on stocks such as Bio-Techne Corporation, Myriad Genetics, and Ligand Pharma.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NeoGenomics with a $19.80 average price target, representing a 7.4% upside. In a report issued on October 23, Raymond James also resumed coverage with a Buy rating on the stock with a $16 price target.
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Lumber Liquidators (LL)
In a report released yesterday, Rick Nelson from Stephens reiterated a Hold rating on Lumber Liquidators, with a price target of $14. The company’s shares closed yesterday at $11.96, close to its 52-week low of $9.95.
According to TipRanks.com, Nelson is a 4-star analyst with an average return of 15.1% and a 53.3% success rate. Nelson covers the Services sector, focusing on stocks such as Camping World Holdings, Group 1 Automotive, and Hibbett Sports.
The word on The Street in general, suggests a Hold analyst consensus rating for Lumber Liquidators with a $13.38 average price target, which is an 11.9% upside from current levels. In a report issued on October 30, Oppenheimer also downgraded the stock to Hold.
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