Analysts Conflictied on These Services Names: Newtek Business (NASDAQ: NEWT) and Restoration HW (NYSE: RH)

By Jason Carr

Analysts have been eager to weigh in on the Services sector with new ratings on Newtek Business (NASDAQ: NEWT) and Restoration HW (NYSE: RH).

Newtek Business (NASDAQ: NEWT)

JMP Securities analyst Christopher York reiterated a Hold rating on Newtek Business (NASDAQ: NEWT) today. The company’s shares opened today at $15, close to its 52-week high of $15.37.

According to TipRanks.com, York is a 3-star analyst with an average return of 4.7% and a 73.7% success rate. York covers the Financial sector, focusing on stocks such as Hercules Technology Growth Capital, Pennantpark Floating Rate, and Solar Senior Capital Ltd.

Newtek Business has an analyst consensus of Moderate Buy, with a price target consensus of $16.

Restoration HW (NYSE: RH)

Nomura Holdings analyst Jessica Schoen reiterated a Buy rating on Restoration HW (NYSE: RH) today and set a price target of $60. The company’s shares opened today at $33.71, close to its 52-week low of $24.75.

According to TipRanks.com, Schoen is a 1-star analyst with an average return of -4.1% and a 41.5% success rate. Schoen covers the Services sector, focusing on stocks such as Signet Jewelers Limited, Michaels Companies, and Bed Bath & Beyond.

Restoration HW has an analyst consensus of Moderate Buy.