Analysts Offer Insights on Services Companies: Patterson (NASDAQ: PDCO), Park-Ohio Holdings (NASDAQ: PKOH) and Live Nation Entertainment (NYSE: LYV)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Patterson (NASDAQ: PDCO), Park-Ohio Holdings (NASDAQ: PKOH) and Live Nation Entertainment (NYSE: LYV).

Patterson (NASDAQ: PDCO)

Jefferies analyst Brandon Couillard maintained a Hold rating on Patterson (NASDAQ: PDCO) today and set a price target of $40. The company’s shares opened today at $38.69, close to its 52-week low of $36.46.

According to TipRanks.com, Couillard is a 5-star analyst with an average return of 10.8% and a 63.7% success rate. Couillard covers the Healthcare sector, focusing on stocks such as Dentsply International Inc., Bio-Rad Laboratories, and Orasure Technologies.

Currently, the analyst consensus on Patterson is Hold and the average price target is $43.25, representing an 11.8% upside.

In a report issued on November 23, J.P. Morgan also maintained a Hold rating on the stock with a $40 price target.
Park-Ohio Holdings (NASDAQ: PKOH)

KeyBanc analyst Steve Barger maintained a Buy rating on Park-Ohio Holdings (NASDAQ: PKOH) today and set a price target of $50. The company’s shares opened today at $43.10, close to its 52-week high of $44.15.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 31.7% and a 60.5% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Federal Signal Corp., and RBC Bearings Inc.

Park-Ohio Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $41.50.

Live Nation Entertainment (NYSE: LYV)

In a report released today, John Janedis from Jefferies maintained a Buy rating on Live Nation Entertainment (NYSE: LYV), with a price target of $33. The company’s shares opened today at $27.93, close to its 52-week high of $29.04.

According to TipRanks.com, Janedis is a 5-star analyst with an average return of 6.1% and a 61.9% success rate. Janedis covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Madison Square Garden Co., and Charter Communications.

Live Nation Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $33.