There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Ruth’s Hospitality (RUTH) and Wal-Mart Stores Inc (WMT) with bullish sentiments.
Ruth’s Hospitality (RUTH)
Piper Jaffray analyst Erinn Murphy reiterated a Buy rating on Ruth’s Hospitality on November 14 and set a price target of $30. The company’s shares opened today at $25.80.
According to TipRanks.com, Murphy is a 1-star analyst with an average return of -1.1% and a 48.0% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Wolverine World Wide, and G-III Apparel Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Ruth’s Hospitality with a $30 average price target.
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Wal-Mart Stores Inc (WMT)
In a report issued on November 16, Ben Bienvenu from Stephens reiterated a Buy rating on Wal-Mart Stores Inc, with a price target of $117. The company’s shares opened today at $97.94.
According to TipRanks.com, Bienvenu is a 3-star analyst with an average return of 3.2% and a 56.3% success rate. Bienvenu covers the Services sector, focusing on stocks such as United Natural Foods, Casey’s General, and Kroger Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wal-Mart Stores Inc with a $106.69 average price target, an 8.9% upside from current levels. In a report issued on November 15, Guggenheim also maintained a Buy rating on the stock with a $110 price target.
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