Analysts have been eager to weigh in on the Services sector with new ratings on Wynn Resorts (NASDAQ:WYNN) and Red Robin Gourmet (NASDAQ:RRGB).
Wynn Resorts (WYNN)
Stifel Nicolaus analyst Steven Wieczynski maintained a Buy rating on Wynn Resorts today and set a price target of $192. The company’s shares closed yesterday at $159.99.
According to TipRanks.com, Wieczynski is a 5-star analyst with an average return of 19.8% and a 71.1% success rate. Wieczynski covers the Services sector, focusing on stocks such as Norwegian Cruise Line, Penn National Gaming, and Red Rock Resorts Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wynn Resorts with a $194.80 average price target, which is a 21.8% upside from current levels. In a report issued on July 20, Susquehanna also reiterated a Buy rating on the stock with a $204 price target.
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Red Robin Gourmet (RRGB)
In a report released today, Christopher O`Cull from Stifel Nicolaus maintained a Hold rating on Red Robin Gourmet, with a price target of $45. The company’s shares closed yesterday at $45.85, close to its 52-week low of $45.30.
According to TipRanks.com, O`Cull is a 4-star analyst with an average return of 8.9% and a 67.0% success rate. O`Cull covers the Services sector, focusing on stocks such as Papa John’s International, Jack In The Box Inc, and BJ’s Restaurants.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Red Robin Gourmet with a $56.83 average price target, implying a 23.9% upside from current levels. In a report released yesterday, Canaccord Genuity also downgraded the stock to Hold with a $42 price target.
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