Analysts Conflicted on These Services Names: TJX Companies (NYSE: TJX) and Home Depot (NYSE: HD)

By Carrie Williams

Analysts have been eager to weigh in on the Services sector with new ratings on TJX Companies (NYSE: TJX) and Home Depot (NYSE: HD).

TJX Companies (NYSE: TJX)

Credit Suisse analyst Michael Exstein maintained a Hold rating on TJX Companies (NYSE: TJX) yesterday and set a price target of $79. The company’s shares opened today at $73.76.

According to TipRanks.com, Exstein is a 4-star analyst with an average return of 8.6% and a 63.9% success rate. Exstein covers the Services sector, focusing on stocks such as Wal-Mart Stores Inc, The Bon-Ton Stores, and Burlington Stores.

Currently, the analyst consensus on TJX Companies is Strong Buy and the average price target is $83.63, representing a 13.4% upside.

In a report released yesterday, Jefferies also reiterated a Hold rating on the stock with a $80 price target.
Home Depot (NYSE: HD)

Credit Suisse analyst Seth Sigman maintained a Buy rating on Home Depot (NYSE: HD) yesterday and set a price target of $171. The company’s shares opened today at $158.26, close to its 52-week high of $160.86.

According to TipRanks.com, Sigman is a 1-star analyst with an average return of -2.0% and a 46.8% success rate. Sigman covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, Dick’s Sporting Goods, and Container Store Group.

Currently, the analyst consensus on Home Depot is Strong Buy and the average price target is $171.73, representing an 8.5% upside.

In a report issued on May 2, RBC Capital also reiterated a Buy rating on the stock with a $158 price target.

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