There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Urban Outfitters (URBN), Dunkin’ Brands (DNKN) and MGM Resorts (MGM) with bullish sentiments.
Urban Outfitters (URBN)
B.Riley FBR analyst Susan Anderson maintained a Buy rating on Urban Outfitters today and set a price target of $40. The company’s shares opened today at $30.45, close to its 52-week low of $30.15.
According to TipRanks.com, Anderson is a 3-star analyst with an average return of 0.8% and a 43.6% success rate. Anderson covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and Children’s Place.
Currently, the analyst consensus on Urban Outfitters is a Moderate Buy with an average price target of $42.58.
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Dunkin’ Brands (DNKN)
In a report released today, Greg Badishkanian from Citigroup maintained a Buy rating on Dunkin’ Brands, with a price target of $82. The company’s shares opened today at $68.17.
According to TipRanks.com, Badishkanian is a 4-star analyst with an average return of 8.1% and a 57.7% success rate. Badishkanian covers the Services sector, focusing on stocks such as International Speedway, Performance Food Group, and Norwegian Cruise Line.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dunkin’ Brands with a $72.27 average price target, representing a 6.0% upside. In a report issued on February 8, Maxim Group also maintained a Buy rating on the stock with a $79 price target.
MGM Resorts (MGM)
In a report released today, Thomas Allen from Morgan Stanley maintained a Buy rating on MGM Resorts, with a price target of $34. The company’s shares opened today at $27.58.
According to TipRanks.com, Allen is a 1-star analyst with an average return of -0.6% and a 47.0% success rate. Allen covers the Services sector, focusing on stocks such as Marriott International, Norwegian Cruise Line, and Extended Stay America.
MGM Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $33.75, which is a 22.4% upside from current levels. In a report issued on February 4, Merrill Lynch also maintained a Buy rating on the stock with a $33 price target.
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