There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Marriott International (MAR) and TripAdvisor (TRIP) with bullish sentiments.
Marriott International (MAR)
Nomura analyst Harry Curtis maintained a Buy rating on Marriott International today and set a price target of $148.00. The company’s shares closed last Monday at $90.18.
According to TipRanks.com, Curtis is a 4-star analyst with an average return of 4.9% and a 56.2% success rate. Curtis covers the Services sector, focusing on stocks such as Melco Resorts & Entertainment, Hilton Worldwide Holdings, and Norwegian Cruise Line.
Marriott International has an analyst consensus of Hold, with a price target consensus of $91.31, implying a 2.0% upside from current levels. In a report issued on June 9, Wells Fargo also maintained a Buy rating on the stock.
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In a report released today, Brad Erickson from Needham assigned a Buy rating to TripAdvisor, with a price target of $26.00. The company’s shares closed last Monday at $18.18, close to its 52-week low of $13.73.
According to TipRanks.com, Erickson is a 4-star analyst with an average return of 12.1% and a 51.2% success rate. Erickson covers the Technology sector, focusing on stocks such as Fiverr International, ANGI Homeservices, and Uber Technologies.
Currently, the analyst consensus on TripAdvisor is a Moderate Buy with an average price target of $21.29, which is a 19.3% upside from current levels. In a report issued on June 8, Ascendiant also maintained a Buy rating on the stock with a $32.00 price target.
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