There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Ebay (EBAY) and Texas Roadhouse (TXRH) with bullish sentiments.
Ebay (EBAY)
In a report released today, Scott Devitt from Stifel Nicolaus maintained a Buy rating on Ebay, with a price target of $70.00. The company’s shares closed last Wednesday at $53.25.
According to TipRanks.com, Devitt is a top 100 analyst with an average return of 28.2% and a 70.3% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Uber Technologies, and Alphabet Class A.
Ebay has an analyst consensus of Moderate Buy, with a price target consensus of $63.33, a 19.8% upside from current levels. In a report issued on October 16, CFRA also upgraded the stock to Buy with a $64.00 price target.
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Texas Roadhouse (TXRH)
Wedbush analyst Nick Setyan maintained a Buy rating on Texas Roadhouse today and set a price target of $82.00. The company’s shares closed last Wednesday at $68.82, close to its 52-week high of $76.21.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 5.4% and a 56.4% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John’s International, Del Taco Restaurants, and Dine Brands Global.
The word on The Street in general, suggests a Hold analyst consensus rating for Texas Roadhouse with a $68.19 average price target.
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