Analysts Offer Insights on Services Companies: Michael Kors (NYSE: KORS) and CBS Corp (NYSE: CBS)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Michael Kors (KORSResearch Report) and CBS Corp (CBSResearch Report).

Michael Kors (KORS)

In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on Michael Kors.

According to, Boruchow is a 1-star analyst with an average return of -2.8% and a 38.0% success rate. Boruchow covers the Services sector, focusing on stocks such as Ralph Lauren Corp, Burlington Stores, and Urban Outfitters.

Currently, the analyst consensus on Michael Kors is a Moderate Buy with an average price target of $69.80.

See today’s analyst top recommended stocks >>

CBS Corp (CBS)

Stephens analyst Kyle Evans upgraded CBS Corp to Buy today and set a price target of $58. The company’s shares closed on Monday at $43.72, close to its 52-week low of $41.38.

According to, Evans is ranked #1647 out of 5100 analysts.

CBS Corp has an analyst consensus of Moderate Buy, with a price target consensus of $66.80, representing a 52.8% upside. In a report issued on December 27, Loop Capital Markets also maintained a Buy rating on the stock with a $59 price target.


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