There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Forrester Research (FORR) and Cheesecake Factory (CAKE) with bullish sentiments.
Forrester Research (FORR)
Maxim Group analyst Allen Klee maintained a Buy rating on Forrester Research today and set a price target of $59. The company’s shares opened today at $42.40.
According to TipRanks.com, Klee is ranked 0 out of 5 stars with an average return of -10.8% and a 31.0% success rate. Klee covers the Technology sector, focusing on stocks such as Sify Technologies Limited, Dolphin Entertainment Inc, and ATN International Inc.
Currently, the analyst consensus on Forrester Research is a Moderate Buy with an average price target of $59.
See today’s analyst top recommended stocks >>
Cheesecake Factory (CAKE)
In a report released today, Stephen Anderson from Maxim Group maintained a Buy rating on Cheesecake Factory, with a price target of $58. The company’s shares opened today at $44.24.
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 7.5% and a 60.9% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.
Cheesecake Factory has an analyst consensus of Hold, with a price target consensus of $47.83.
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