There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CBS Corp (NYSE:CBS) and Cardtronics (NASDAQ:CATM) with bullish sentiments.
CBS Corp (CBS)
Barrington analyst James Goss maintained a Buy rating on CBS Corp today and set a price target of $72. The company’s shares closed yesterday at $58.49.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 14.9% and a 70.6% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, iPic Entertainment Inc, and Sirius XM Holdings Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CBS Corp with a $66.46 average price target, implying a 13.6% upside from current levels. In a report released today, B.Riley FBR also maintained a Buy rating on the stock with a $67 price target.
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Cardtronics (CATM)
Barrington analyst Gary Prestopino upgraded Cardtronics to Buy today and set a price target of $40. The company’s shares closed yesterday at $27.76.
Prestopino observed:
“We have set an initial $40 price target on the stock.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.8% and a 44.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
Currently, the analyst consensus on Cardtronics is a Moderate Buy with an average price target of $42.50.
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