Analysts’ Top Services Picks: Rosetta Stone (RST), Altice Usa Inc (ATUS)


There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Rosetta Stone (RST) and Altice Usa Inc (ATUS) with bullish sentiments.

Rosetta Stone (RST)

In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Rosetta Stone, with a price target of $27. The company’s shares opened today at $17.19.

Paris observed:

“We would continue to be buyers of RST given the intrinsic value of its parts; continued strong growth at Lexia, which has been driven by a bookings CAGR of 26% since 2014; a more predictable/sustainable sales model as a result of the subscription transition, which will continue to benefit from sales team alignment as the company executes on its top-down and bottom-up go-to-market strategy; improving cash flow; and its already healthy balance sheet with no long-term debt. As such, we are reiterating our OUTPERFORM investment rating and increasing our price target to $27.”

According to TipRanks.com, Paris is a 5-star analyst with an average return of 9.8% and a 54.3% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, Strategic Education Inc, and Franklin Covey Company.

Rosetta Stone has an analyst consensus of Moderate Buy, with a price target consensus of $27.

See today’s analyst top recommended stocks >>

Altice Usa Inc (ATUS)

Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Altice Usa Inc today and set a price target of $27. The company’s shares opened today at $21.15.

According to TipRanks.com, Wlodarczak is a 4-star analyst with an average return of 7.9% and a 59.4% success rate. Wlodarczak covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Charter Communications, and Sirius XM Holdings Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Altice Usa Inc with a $26.25 average price target, which is a 24.1% upside from current levels. In a report issued on February 22, Barclays also maintained a Buy rating on the stock with a $27 price target.

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