Analysts Conflicted on These Services Names: Adtalem Global Education Inc (NYSE: ATGE), Fastenal Company (NASDAQ: FAST) and Lululemon Athletica Inc (NASDAQ: LULU)

By Austin Angelo

Analysts have been eager to weigh in on the Services sector with new ratings on Adtalem Global Education Inc (NYSE: ATGE), Fastenal Company (NASDAQ: FAST) and Lululemon Athletica Inc (NASDAQ: LULU).

Adtalem Global Education Inc (NYSE: ATGE)

Robert W. Baird analyst Jeffrey Meuler reiterated a Hold rating on Adtalem Global Education Inc (NYSE: ATGE) on December 4 and set a price target of $41. The company’s shares closed yesterday at $44, close to its 52-week high of $44.71.

According to TipRanks.com, Meuler is a 4-star analyst with an average return of 10.3% and a 65.2% success rate. Meuler covers the Services sector, focusing on stocks such as Emerald Expositions Events Inc, New Oriental Education Tech, and Apollo Education Group Inc.

Adtalem Global Education Inc has an analyst consensus of Moderate Buy, with a price target consensus of $46.

Fastenal Company (NASDAQ: FAST)

Robert W. Baird analyst David Manthey reiterated a Buy rating on Fastenal Company (NASDAQ: FAST) yesterday and set a price target of $57. The company’s shares closed yesterday at $53.43, close to its 52-week high of $55.35.

According to TipRanks.com, Manthey is a 5-star analyst with an average return of 15.8% and a 82.0% success rate. Manthey covers the Services sector, focusing on stocks such as Foundation Building Materials Inc, Houston Wire & Cable Company, and Anixter International Inc.

Currently, the analyst consensus on Fastenal Company is Moderate Buy and the average price target is $54, representing a 1.1% upside.

In a report released yesterday, Raymond James also reiterated a Buy rating on the stock with a $61 price target.
Lululemon Athletica Inc (NASDAQ: LULU)

In a report released yesterday, Mark Altschwager from Robert W. Baird reiterated a Buy rating on Lululemon Athletica Inc (NASDAQ: LULU), with a price target of $82. The company’s shares closed yesterday at $67.66.

According to TipRanks.com, Altschwager is ranked 0 out of 5 stars with an average return of -4.2% and a 39.8% success rate. Altschwager covers the Services sector, focusing on stocks such as Abercrombie Fitch, Urban Outfitters, and Nordstrom Inc.

Currently, the analyst consensus on Lululemon Athletica Inc is Moderate Buy and the average price target is $67.91, representing a 0.4% upside.

In a report issued on November 30, Susquehanna also assigned a Buy rating to the stock with a $71 price target.

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