Analysts have been eager to weigh in on the Services sector with new ratings on Chipotle (CMG) and Maximus (MMS).
Chipotle (CMG)
Wedbush analyst Nick Setyan maintained a Buy rating on Chipotle today and set a price target of $1800.00. The company’s shares closed last Wednesday at $1507.62, close to its 52-week high of $1579.52.
According to TipRanks.com, Setyan is a 5-star analyst with an average return of 16.7% and a 62.9% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John’s International, Del Taco Restaurants, and Cheesecake Factory.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chipotle with a $1688.05 average price target, a 10.1% upside from current levels. In a report issued on April 7, Piper Sandler also reiterated a Buy rating on the stock with a $2000.00 price target.
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Maximus (MMS)
In a report released yesterday, Richard Close from Canaccord Genuity maintained a Hold rating on Maximus, with a price target of $95.00. The company’s shares closed last Wednesday at $94.24, close to its 52-week high of $96.05.
According to TipRanks.com, Close is a 5-star analyst with an average return of 27.4% and a 62.1% success rate. Close covers the Technology sector, focusing on stocks such as Castlight Health, Health Catalyst, and HealthStream.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maximus with a $95.00 average price target.
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