Analysts’ Opinions Are Mixed on These Services Stocks: Michael Kors (NYSE: KORS) and Dick’s Sporting Goods (NYSE: DKS)

By Jason Carr

Analysts have been eager to weigh in on the Services sector with new ratings on Michael Kors (NYSE: KORS) and Dick’s Sporting Goods (NYSE: DKS).

Michael Kors (NYSE: KORS)

Barclays analyst Chethan Mallela maintained a Hold rating on Michael Kors (NYSE: KORS) today and set a price target of $73. The company’s shares closed yesterday at $60.41.

According to TipRanks.com, Mallela is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -7.9% and a 38.1% success rate. Mallela covers the Services sector, focusing on stocks such as Ralph Lauren Corp, L Brands, and Gap.

Currently, the analyst consensus on Michael Kors is Strong Buy and the average price target is $81.43, representing a 34.8% upside.

In a report issued on May 29, Robert W. Baird also maintained a Hold rating on the stock with a $74 price target.

See today’s analyst top recommended stocks >>

Dick’s Sporting Goods (NYSE: DKS)

In a report released today, Kate McShane from Citigroup maintained a Buy rating on Dick’s Sporting Goods (NYSE: DKS), with a price target of $41. The company’s shares closed yesterday at $38.35.

According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.3% and a 67.0% success rate. McShane covers the Services sector, focusing on stocks such as Bed Bath & Beyond, Children’s Place, and Foot Locker Inc.

Currently, the analyst consensus on Dick’s Sporting Goods is Hold and the average price target is $36.30, representing a -5.3% downside.

In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $46 price target.

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