Analysts Offer Insights on Services Companies: Teekay Offshore Partners LP (NYSE: TOO), Southwest Airlines (NYSE: LUV) and Netflix (NASDAQ: NFLX)

By Austin Angelo

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Teekay Offshore Partners LP (NYSE: TOO), Southwest Airlines (NYSE: LUV) and Netflix (NASDAQ: NFLX).

Teekay Offshore Partners LP (NYSE: TOO)

In a report released yesterday, Fotis Giannakoulis from Morgan Stanley maintained a Hold rating on Teekay Offshore Partners LP (NYSE: TOO), with a price target of $2.80. The company’s shares closed yesterday at $2.58.

According to TipRanks.com, Giannakoulis has currently no stars on a ranking scale of 0-5 stars, with an average return of -15.8% and a 28.6% success rate. Giannakoulis covers the Services sector, focusing on stocks such as Golden Ocean Group Limited, Golar LNG Limited, and Safe Bulkers.

Teekay Offshore Partners LP has an analyst consensus of Hold, with a price target consensus of $2.80.

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Southwest Airlines (NYSE: LUV)

Buckingham analyst Daniel Mckenzie maintained a Buy rating on Southwest Airlines (NYSE: LUV) yesterday and set a price target of $66. The company’s shares closed yesterday at $51.35, close to its 52-week low of $49.76.

According to TipRanks.com, Mckenzie is a 3-star analyst with an average return of 6.1% and a 53.6% success rate. Mckenzie covers the Services sector, focusing on stocks such as Allegiant Travel Company, United Continental, and Hawaiian Holdings.

Currently, the analyst consensus on Southwest Airlines is Strong Buy and the average price target is $66.20, representing a 28.9% upside.

In a report issued on June 12, Edward Jones also upgraded the stock to Buy.

Netflix (NASDAQ: NFLX)

In a report released yesterday, Jason Helfstein from Oppenheimer assigned a Buy rating to Netflix (NASDAQ: NFLX). The company’s shares closed yesterday at $379.93, close to its 52-week high of $384.25.

According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 20.6% and a 70.2% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.

Currently, the analyst consensus on Netflix is Moderate Buy and the average price target is $345.93, representing a -8.9% downside.

In a report issued on June 1, RBC Capital also maintained a Buy rating on the stock with a $360 price target.

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