There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Forrester Research (FORR – Research Report) and Lincoln Edu (LINC – Research Report) with bullish sentiments.
Forrester Research (FORR)
In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Forrester Research, with a price target of $54.00. The company’s shares closed last Thursday at $46.74, close to its 52-week high of $47.44.
According to TipRanks.com, Colicchio is a 5-star analyst with an average return of 17.5% and a 65.8% success rate. Colicchio covers the Technology sector, focusing on stocks such as Insight Enterprises, Exlservice Holdings, and Sykes Enterprises.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Forrester Research with a $54.00 average price target, which is a 16.7% upside from current levels. In a report issued on July 20, Sidoti also maintained a Buy rating on the stock with a $54.00 price target.
Lincoln Edu (LINC)
In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Lincoln Edu, with a price target of $9.50. The company’s shares closed last Thursday at $6.98.
According to TipRanks.com, Paris is a 5-star analyst with an average return of 16.7% and a 52.9% success rate. Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, American Public Education, and Adtalem Global Education.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lincoln Edu with a $10.63 average price target.
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