There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Planet Fitness (NYSE:PLNT) and Atlas Air (NASDAQ:AAWW) with bullish sentiments.
Planet Fitness (PLNT)
In a report released yesterday, John Heinbockel from Guggenheim reiterated a Buy rating on Planet Fitness, with a price target of $53. The company’s shares opened today at $48.12, close to its 52-week high of $50.73.
According to TipRanks.com, Heinbockel is a 4-star analyst with an average return of 14.7% and a 62.7% success rate. Heinbockel covers the Services sector, focusing on stocks such as Performance Food Group, US Food Holdings Corp, and United Natural Foods.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Planet Fitness with a $48.44 average price target, representing a 0.7% upside. In a report issued on July 23, D.A. Davidson also maintained a Buy rating on the stock with a $56 price target.
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Atlas Air (AAWW)
Susquehanna analyst Christopher Stathoulopoulos reiterated a Buy rating on Atlas Air today and set a price target of $77. The company’s shares opened today at $64.85.
Stathoulopoulos has an average return of 6.5% when recommending Atlas Air.
According to TipRanks.com, Stathoulopoulos is ranked #3004 out of 4853 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlas Air with a $78.50 average price target.
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