There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Sirius XM Holdings (SIRI – Research Report) and Universal Technical Institute (UTI – Research Report) with bullish sentiments.
Sirius XM Holdings (SIRI)
In a report issued on February 3, Kutgun Maral from RBC Capital maintained a Buy rating on Sirius XM Holdings, with a price target of $6.50. The company’s shares closed last Monday at $4.99.
According to TipRanks.com, Maral is a 4-star analyst with an average return of 5.6% and a 53.3% success rate. Maral covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Endeavor Group Holdings Inc, and Paramount Global Class B.
The word on The Street in general, suggests a Hold analyst consensus rating for Sirius XM Holdings with a $6.00 average price target, a 15.4% upside from current levels. In a report issued on February 2, Rosenblatt Securities also maintained a Buy rating on the stock.
Universal Technical Institute (UTI)
Rosenblatt Securities analyst Steve Frankel reiterated a Buy rating on Universal Technical Institute yesterday and set a price target of $9.00. The company’s shares closed last Monday at $7.53.
According to TipRanks.com, Frankel is a 1-star analyst with an average return of -0.8% and a 52.3% success rate. Frankel covers the Technology sector, focusing on stocks such as Dolby Laboratories, Avid Technology, and Brightcove.
Currently, the analyst consensus on Universal Technical Institute is a Strong Buy with an average price target of $9.67, implying a 27.1% upside from current levels. In a report issued on January 24, Barrington also reiterated a Buy rating on the stock with a $10.00 price target.
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