Analysts Are Bullish on These Services Stocks: Wendy’s (WEN), Comcast (CMCSA)


There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Wendy’s (WEN) and Comcast (CMCSA) with bullish sentiments.

Wendy’s (WEN)

Barclays analyst Jeff Bernstein maintained a Buy rating on Wendy’s yesterday and set a price target of $23.00. The company’s shares closed last Monday at $21.15.

According to TipRanks.com, Bernstein is a 5-star analyst with an average return of 9.1% and a 71.5% success rate. Bernstein covers the Services sector, focusing on stocks such as Restaurant Brands International, Performance Food Group, and US Food Holdings Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wendy’s with a $21.82 average price target, implying a 5.4% upside from current levels. In a report issued on October 2, BMO Capital also maintained a Buy rating on the stock with a $24.00 price target.

See today’s analyst top recommended stocks >>

Comcast (CMCSA)

Barclays analyst Kannan Venkateshwar maintained a Buy rating on Comcast yesterday and set a price target of $48.00. The company’s shares closed last Monday at $45.23, close to its 52-week high of $47.27.

According to TipRanks.com, Venkateshwar is a 3-star analyst with an average return of 1.7% and a 52.4% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Charter Communications, Clear Channel Outdoor, and Altice Usa Inc.

Comcast has an analyst consensus of Strong Buy, with a price target consensus of $53.45, which is a 17.8% upside from current levels. In a report issued on October 4, Citigroup also maintained a Buy rating on the stock with a $56.00 price target.

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