Analysts Offer Insights on Services Companies: Community Health (CYH) and CarGurus Inc (CARG)


Analysts have been eager to weigh in on the Services sector with new ratings on Community Health (CYH) and CarGurus Inc (CARG).

Community Health (CYH)

In a report released yesterday, Frank Morgan from RBC Capital maintained a Hold rating on Community Health, with a price target of $5. The company’s shares closed yesterday at $2.21, close to its 52-week low of $1.81.

According to TipRanks.com, Morgan is a 5-star analyst with an average return of 10.1% and a 60.6% success rate. Morgan covers the Services sector, focusing on stocks such as Surgery Partners Inc, Addus Homecare Corp, and Chemed Corporation.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Community Health with a $2.57 average price target.

See today’s analyst top recommended stocks >>

CarGurus Inc (CARG)

In a report issued on August 6, Mark Mahaney from RBC Capital maintained a Buy rating on CarGurus Inc, with a price target of $56. The company’s shares opened today at $33.13, close to its 52-week low of $30.22.

According to TipRanks.com, Mahaney is a top 100 analyst with an average return of 22.4% and a 63.6% success rate. Mahaney covers the Technology sector, focusing on stocks such as Uber Technologies Inc, Trade Desk Inc, and Pinterest Inc.

Currently, the analyst consensus on CarGurus Inc is a Strong Buy with an average price target of $50.40, representing a 52.1% upside. In a report issued on August 2, Consumer Edge Research also initiated coverage with a Buy rating on the stock.

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