There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Strayer Education (NASDAQ:STRA) and Tapestry Inc (NYSE:TPR) with bullish sentiments.
Strayer Education (STRA)
In a report released today, Peter Appert from Piper Jaffray reiterated a Buy rating on Strayer Education, with a price target of $165. The company’s shares opened today at $130, close to its 52-week high of $132.01.
According to TipRanks.com, Appert is a 5-star analyst with an average return of 22.3% and a 81.1% success rate. Appert covers the Services sector, focusing on stocks such as Universal Technical Institute Inc, Adtalem Global Education Inc, and American Public Education.
Strayer Education has an analyst consensus of Moderate Buy, with a price target consensus of $144.50.
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Tapestry Inc (TPR)
Piper Jaffray analyst Erinn Murphy reiterated a Buy rating on Tapestry Inc today and set a price target of $58. The company’s shares opened today at $45.83.
According to TipRanks.com, Murphy is a 1-star analyst with an average return of -1.4% and a 48.7% 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 Strong Buy analyst consensus rating for Tapestry Inc with a $58.14 average price target, representing a 26.9% upside. In a report issued on July 25, Robert W. Baird also reiterated a Buy rating on the stock with a $58 price target.
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