Analysts are pulling back from the Services sector as 2 experts expressed today bearish sentiments on Marriott International (MAR) and Fox (FOXA).
Marriott International (MAR)
In a report released today, Ari Klein from BMO Capital maintained a Sell rating on Marriott International, with a price target of $83.00. The company’s shares closed last Monday at $97.13.
According to TipRanks.com, Klein is a 4-star analyst with an average return of 11.1% and a 66.7% success rate. Klein covers the Financial sector, focusing on stocks such as Xenia Hotels & Resorts, Host Hotels & Resorts, and Park Hotels & Resorts.
Marriott International has an analyst consensus of Hold, with a price target consensus of $99.00.
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Fox (FOXA)
Rosenblatt Securities analyst Bernie McTernan reiterated a Sell rating on Fox yesterday and set a price target of $22.00. The company’s shares closed last Monday at $24.40.
According to TipRanks.com, McTernan is a 4-star analyst with an average return of 13.7% and a 65.0% success rate. McTernan covers the Services sector, focusing on stocks such as Charter Communications, Peloton Interactive, and World Wrestling.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fox with a $29.50 average price target.
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