Analysts Offer Insights on Services Companies: Target (NYSE: TGT) and Five Below Inc (NASDAQ: FIVE)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Target (NYSE: TGT) and Five Below Inc (NASDAQ: FIVE).

Target (NYSE: TGT)

Jefferies analyst Christopher Mandeville reiterated a Hold rating on Target (NYSE: TGT) yesterday and set a price target of $59. The company’s shares opened today at $51.81, close to its 52-week low of $48.56.

According to TipRanks.com, Mandeville is a 3-star analyst with an average return of 2.5% and a 44.8% success rate. Mandeville covers the Services sector, focusing on stocks such as Core-Mark Holding Company, Papa John’s International, and Walgreens Boots Alliance.

Currently, the analyst consensus on Target is Hold and the average price target is $59.25, representing a 14.4% upside.

In a report released yesterday, UBS also reiterated a Hold rating on the stock.
Five Below Inc (NASDAQ: FIVE)

In a report released today, Daniel Binder from Jefferies reiterated a Buy rating on Five Below Inc (NASDAQ: FIVE), with a price target of $62. The company’s shares opened today at $49.05.

According to TipRanks.com, Binder is a 4-star analyst with an average return of 7.7% and a 67.5% success rate. Binder covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Kar Auction Services Inc, and Lululemon Athletica Inc.

Five Below Inc has an analyst consensus of Strong Buy, with a price target consensus of $56.80.

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