Analysts Are Bullish on These Services Stocks: DIS, CAH

By Austin Angelo

There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Walt Disney (NYSE: DIS), Cardinal Health (NYSE: CAH) and CarMax (NYSE: KMX) with bullish sentiments.

Walt Disney (NYSE: DIS)

Credit Suisse analyst Omar Sheikh maintained a Buy rating on Walt Disney (NYSE: DIS) on December 20 and set a price target of $125. The company’s shares closed yesterday at $108.67.

According to TipRanks.com, Sheikh is a 4-star analyst with an average return of 9.4% and a 75.7% success rate. Sheikh covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Cinemark Holdings Inc, and Regal Entertainment.

Currently, the analyst consensus on Walt Disney is Hold and the average price target is $112.54, representing a 3.6% upside.

In a report issued on December 11, Loop Capital Markets also maintained a Buy rating on the stock with a $106 price target.
Cardinal Health (NYSE: CAH)

Credit Suisse analyst Erin Wright maintained a Buy rating on Cardinal Health (NYSE: CAH) on December 21 and set a price target of $81. The company’s shares closed yesterday at $62.49.

According to TipRanks.com, Wright is a 4-star analyst with an average return of 10.8% and a 68.8% success rate. Wright covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Patterson Companies Inc, and Quest Diagnostics Inc.

Cardinal Health has an analyst consensus of Hold, with a price target consensus of $67.25.

CarMax (NYSE: KMX)

In a report issued on December 21, Seth Sigman from Credit Suisse upgraded CarMax (NYSE: KMX) to Buy, with a price target of $83. The company’s shares closed yesterday at $65.23.

According to TipRanks.com, Sigman is a 1-star analyst with an average return of -2.0% and a 46.6% success rate. Sigman covers the Services sector, focusing on stocks such as Floor & Decor Holdings Inc, Camping World Holdings, and Cinemark Holdings Inc.

Currently, the analyst consensus on CarMax is Moderate Buy and the average price target is $80.57, representing a 23.5% upside.

In a report released yesterday, Wedbush also reiterated a Buy rating on the stock with a $81 price target.

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