Analysts Offer Insights on Services Companies: Tsakos Energy (NYSE: TNP) and Rite Aid Corp (NYSE: RAD)

By Jason Carr

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Tsakos Energy (NYSE: TNP) and Rite Aid Corp (NYSE: RAD).

Tsakos Energy (NYSE: TNP)

Credit Suisse analyst Gregory Lewis maintained a Hold rating on Tsakos Energy (NYSE: TNP) yesterday and set a price target of $5. The company’s shares closed yesterday at $4.89.

According to TipRanks.com, Lewis is a 1-star analyst with an average return of -0.5% and a 47.2% success rate. Lewis covers the Services sector, focusing on stocks such as Dynagas LNG Partners LP , Navios Maritime Midstream, and Nordic American Offshore.

Tsakos Energy has an analyst consensus of Moderate Buy, with a price target consensus of $6.

Rite Aid Corp (NYSE: RAD)

Credit Suisse analyst Robert Willoughby upgraded Rite Aid Corp (NYSE: RAD) to Buy yesterday and set a price target of $6. The company’s shares closed yesterday at $4.85, close to its 52-week low of $4.61.

According to TipRanks.com, Willoughby is a 4-star analyst with an average return of 7.7% and a 64.9% success rate. Willoughby covers the Services sector, focusing on stocks such as Service Corp International, Walgreens Boots Alliance, and The Advisory Board.

Rite Aid Corp has an analyst consensus of Moderate Buy, with a price target consensus of $6.

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