Analysts Are Bullish on Top Services Stocks: Eagle Bulk Shipping Inc (EGLE), Tractor Supply (TSCO)

By Ryan Adsit

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Eagle Bulk Shipping Inc (EGLEResearch Report) and Tractor Supply (TSCOResearch Report) with bullish sentiments.

Eagle Bulk Shipping Inc (EGLE)

Noble Financial analyst Poe Fratt reiterated a Buy rating on Eagle Bulk Shipping Inc yesterday and set a price target of $6.40. The company’s shares closed last Monday at $4.88.

According to TipRanks.com, Fratt is ranked #2022 out of 5546 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eagle Bulk Shipping Inc with a $6.63 average price target, which is a 35.0% upside from current levels. In a report issued on September 3, Jefferies also initiated coverage with a Buy rating on the stock with a $6 price target.

See today’s analyst top recommended stocks >>

Tractor Supply (TSCO)

In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Tractor Supply, with a price target of $125. The company’s shares closed last Monday at $106.39.

Fadem wrote:

“We view TSCO among the highest coveted retail CEO jobs available, a top notch candidate is likely, and a fresh perspective presents opportunities to keep TSCO ahead of a changing retail paradigm.”

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 16.2% and a 76.9% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tractor Supply with a $122.50 average price target.

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