There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Carvana Co (CVNA) and Universal Technical Institute (UTI) with bullish sentiments.
Carvana Co (CVNA)
In a report released yesterday, Lee Krowl from B.Riley FBR maintained a Buy rating on Carvana Co, with a price target of $125.00. The company’s shares closed last Monday at $52.38.
According to TipRanks.com, Krowl is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -11.7% and a 23.0% success rate. Krowl covers the Technology sector, focusing on stocks such as Limelight Networks, Rubicon Project, and Digital Turbine.
Currently, the analyst consensus on Carvana Co is a Moderate Buy with an average price target of $89.39, a 54.1% upside from current levels. In a report issued on March 23, Wells Fargo also maintained a Buy rating on the stock with a $50.00 price target.
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Universal Technical Institute (UTI)
In a report released today, Rajiv Sharma from B.Riley FBR reiterated a Buy rating on Universal Technical Institute, with a price target of $11.00. The company’s shares closed last Monday at $6.18.
According to TipRanks.com, Sharma is ranked #5182 out of 6216 analysts.
Currently, the analyst consensus on Universal Technical Institute is a Strong Buy with an average price target of $10.67, representing a 103.6% upside. In a report issued on March 18, Lake Street also maintained a Buy rating on the stock with a $9.00 price target.
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