Analysts have been eager to weigh in on the Services sector with new ratings on Wingstop (WING) and TC Pipelines (TCP).
Wingstop (WING)
Barclays analyst Jeff Bernstein maintained a Hold rating on Wingstop yesterday and set a price target of $116.00. The company’s shares closed last Wednesday at $122.98, close to its 52-week high of $126.82.
According to TipRanks.com, Bernstein is a 5-star analyst with an average return of 6.2% and a 65.0% success rate. Bernstein covers the Services sector, focusing on stocks such as Restaurant Brands International, Performance Food Group, and Brinker International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wingstop with a $112.57 average price target, representing a -7.2% downside. In a report issued on April 22, Jefferies also maintained a Hold rating on the stock with a $95.00 price target.
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TC Pipelines (TCP)
In a report released yesterday, Christine Cho, CFA from Barclays maintained a Buy rating on TC Pipelines, with a price target of $38.00. The company’s shares closed last Wednesday at $33.16.
According to TipRanks.com, CFA is a 2-star analyst with an average return of -1.0% and a 50.8% success rate. CFA covers the Services sector, focusing on stocks such as Enterprise Products Partners, Cheniere Energy Partners, and Dcp Midstream Partners.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TC Pipelines with a $40.60 average price target, representing a 19.4% upside. In a report issued on April 21, Wolfe Research also maintained a Buy rating on the stock with a $37.00 price target.
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