Analysts have been eager to weigh in on the Services sector with new ratings on McKesson (MCK), Wynn Resorts (WYNN) and Alibaba (BABA).
McKesson (MCK)
Barclays analyst Steven Valiquette maintained a Hold rating on McKesson yesterday and set a price target of $130. The company’s shares closed yesterday at $128.25.
According to TipRanks.com, Valiquette is a 4-star analyst with an average return of 7.1% and a 56.7% success rate. Valiquette covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Patterson Companies Inc, and WellCare Health Plans.
McKesson has an analyst consensus of Hold, with a price target consensus of $130, a 1.4% upside from current levels. In a report issued on January 16, Goldman Sachs also maintained a Hold rating on the stock with a $129 price target.
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Wynn Resorts (WYNN)
Barclays analyst Felicia Hendrix maintained a Buy rating on Wynn Resorts yesterday and set a price target of $164. The company’s shares closed yesterday at $123.01.
According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 3.2% and a 53.6% success rate. Hendrix covers the Services sector, focusing on stocks such as Penn National Gaming, Royal Caribbean, and Carnival Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wynn Resorts with a $131.67 average price target, implying a 7.0% upside from current levels. In a report issued on January 16, Stifel Nicolaus also reiterated a Buy rating on the stock with a $141 price target.
Alibaba (BABA)
In a report released yesterday, Gregory Zhao from Barclays maintained a Buy rating on Alibaba, with a price target of $200. The company’s shares closed yesterday at $168.49.
According to TipRanks.com, Zhao is a 1-star analyst with an average return of -0.9% and a 45.0% success rate. Zhao covers the Technology sector, focusing on stocks such as NetEase Inc, Tencent, and Baidu.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba with a $202.81 average price target, representing a 20.4% upside. In a report issued on January 22, Robert W. Baird also maintained a Buy rating on the stock with a $178 price target.
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