Analysts Are Neutral on These Services Stocks: TRIP, DSX

By Jason Carr

Analysts fell to the sidelines weighing in on TripAdvisor Inc (NASDAQ: TRIP), Diana Shipping (NYSE: DSX) and Covenant Transportation Group (NASDAQ: CVTI) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

TripAdvisor Inc (NASDAQ: TRIP)

Stifel Nicolaus analyst Scott Devitt reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP) on July 26 and set a price target of $45. The company’s shares closed yesterday at $38.53, close to its 52-week high of $71.69.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 21.8% and a 73.6% success rate. Devitt covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Informatica Corp, and Paypal Holdings.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $45, representing a 16.8% upside.

In a report issued on July 19, Cowen & Co. also upgraded the stock to Hold with a $40 price target.
Diana Shipping (NYSE: DSX)

Stifel Nicolaus analyst Benjamin Nolan reiterated a Hold rating on Diana Shipping (NYSE: DSX) on July 26 and set a price target of $4.75. The company’s shares closed yesterday at $3.82.

According to TipRanks.com, Nolan is ranked 0 out of 5 stars with an average return of -6.0% and a 49.5% success rate. Nolan covers the Services sector, focusing on stocks such as Navios Maritime Acquisition, Navios Maritime Partners Lp, and Dynagas LNG Partners LP .

Diana Shipping has an analyst consensus of Hold, with a price target consensus of $4.94.

Covenant Transportation Group (NASDAQ: CVTI)

Stifel Nicolaus analyst John Larkin reiterated a Hold rating on Covenant Transportation Group (NASDAQ: CVTI) on July 25 and set a price target of $19. The company’s shares closed yesterday at $17.72.

According to TipRanks.com, Larkin is a 5-star analyst with an average return of 9.2% and a 63.9% success rate. Larkin covers the Services sector, focusing on stocks such as Expeditors International, Student Transportation, and Echo Global Logistics.

Covenant Transportation Group has an analyst consensus of Moderate Buy, with a price target consensus of $21.

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