Analysts Offer Insights on Services Companies: Moneygram International (NASDAQ: MGI) and Quinstreet (NASDAQ: QNST)

By Austin Angelo

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Moneygram International (MGIResearch Report) and Quinstreet (QNSTResearch Report) with bullish sentiments.

Moneygram International (MGI)

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Moneygram International, with a price target of $5.50. The company’s shares closed on Friday at $2.47.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 19.4% and a 58.5% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Thunder Bridge Acquisition Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Moneygram International with a $5.50 average price target.

See today’s analyst top recommended stocks >>

Quinstreet (QNST)

Northland Securities analyst Robert Breza maintained a Buy rating on Quinstreet today and set a price target of $20. The company’s shares closed on Friday at $15.85.

According to TipRanks.com, Breza is a 5-star analyst with an average return of 12.8% and a 60.3% success rate. Breza covers the Technology sector, focusing on stocks such as Coupa Software Inc, MobileIron, Inc., and Salesforce.com.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Quinstreet with a $20.33 average price target, implying a 28.3% upside from current levels. In a report issued on June 24, Lake Street also initiated coverage with a Buy rating on the stock with a $21 price target.

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