Analysts have been eager to weigh in on the Services sector with new ratings on Global Payments Inc (NYSE: GPN) and Urban Outfitters (NASDAQ: URBN).
Global Payments Inc (NYSE: GPN)
In a report released today, Dan Dolev from Nomura assigned a Sell rating to Global Payments Inc (NYSE: GPN), with a price target of $79. The company’s shares opened today at $89.36, close to its 52-week high of $89.98.
According to TipRanks.com, Dolev is a 4-star analyst with an average return of 8.6% and a 64.6% success rate. Dolev covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, ABM Industries Incorporated, and ARAMARK Holdings.
Global Payments Inc has an analyst consensus of Moderate Buy, with a price target consensus of $90.70.
Urban Outfitters (NASDAQ: URBN)
Nomura analyst Simeon Siegel assigned a Hold rating to Urban Outfitters (NASDAQ: URBN) yesterday and set a price target of $21. The company’s shares opened today at $19.90, close to its 52-week low of $19.65.
According to TipRanks.com, Siegel is a 1-star analyst with an average return of -2.9% and a 41.5% success rate. Siegel covers the Services sector, focusing on stocks such as Signet Jewelers Limited, Abercrombie Fitch, and Acushnet Holdings.
Currently, the analyst consensus on Urban Outfitters is Hold and the average price target is $24.09, representing a 21.1% upside.
In a report released today, Wunderlich also maintained a Hold rating on the stock with a $20 price target.
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