Analysts Offer Insights on Services Companies: Michael Kors (NYSE: KORS), SpartanNash Co (NASDAQ: SPTN) and Dick’s Sporting Goods (NYSE: DKS)

By Ryan Adsit

There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Michael Kors (NYSE: KORS), SpartanNash Co (NASDAQ: SPTN) and Dick’s Sporting Goods (NYSE: DKS) with bullish sentiments.

Michael Kors (NYSE: KORS)

Deutsche Bank analyst Paul Trussell maintained a Buy rating on Michael Kors (NYSE: KORS) today and set a price target of $83. The company’s shares closed yesterday at $60.41.

According to TipRanks.com, Trussell is a 3-star analyst with an average return of 3.1% and a 59.4% success rate. Trussell covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Burlington Stores, and Foot Locker Inc.

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 released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $90 price target.

See today’s analyst top recommended stocks >>

SpartanNash Co (NASDAQ: SPTN)

BMO Capital analyst Kelly Bania maintained a Buy rating on SpartanNash Co (NASDAQ: SPTN) today and set a price target of $25. The company’s shares closed yesterday at $22.92.

According to TipRanks.com, Bania is a 1-star analyst with an average return of -3.0% and a 51.4% success rate. Bania covers the Services sector, focusing on stocks such as Core-Mark Holding Company, US Food Holdings Corp, and The Chefs’ Warehouse.

SpartanNash Co has an analyst consensus of Hold, with a price target consensus of $20.33.

Dick’s Sporting Goods (NYSE: DKS)

In a report released today, Michael Baker from Deutsche Bank maintained a Buy rating on Dick’s Sporting Goods (NYSE: DKS), with a price target of $45. The company’s shares closed yesterday at $38.35.

According to TipRanks.com, Baker is a 3-star analyst with an average return of 2.0% and a 59.1% success rate. Baker covers the Services sector, focusing on stocks such as Michaels Companies, Bed Bath & Beyond, and Ross Stores.

Currently, the analyst consensus on Dick’s Sporting Goods is Hold and the average price target is $35.33, representing a -7.9% downside.

In a report released yesterday, Susquehanna also assigned a Buy rating to the stock with a $46 price target.

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