Wall Street Analysts Are Neutral on Top Services Picks


Analysts fell to the sidelines weighing in on Walgreens Boots Alliance (WBA) and Spirit Airlines (SAVE) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Walgreens Boots Alliance (WBA)

Morgan Stanley analyst Ricky Goldwasser maintained a Hold rating on Walgreens Boots Alliance today and set a price target of $77. The company’s shares closed on Friday at $84.67, close to its 52-week high of $85.31.

According to TipRanks.com, Goldwasser is a 3-star analyst with an average return of 3.0% and a 56.2% success rate. Goldwasser covers the Services sector, focusing on stocks such as Quest Diagnostics Inc, Charles River Labs, and Laboratory Corp.

Currently, the analyst consensus on Walgreens Boots Alliance is a Moderate Buy with an average price target of $76.

See today’s analyst top recommended stocks >>

Spirit Airlines (SAVE)

In a report released today, Rajeev Lalwani from Morgan Stanley maintained a Hold rating on Spirit Airlines, with a price target of $68. The company’s shares closed on Friday at $64.12, close to its 52-week high of $64.23.

According to TipRanks.com, Lalwani is a 4-star analyst with an average return of 5.7% and a 58.2% success rate. Lalwani covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and Hawaiian Holdings.

Currently, the analyst consensus on Spirit Airlines is a Moderate Buy with an average price target of $65.73, a 2.5% upside from current levels. In a report issued on November 19, Credit Suisse also initiated coverage with a Hold rating on the stock with a $59 price target.

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