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.
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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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