Analysts Offer Insights on Services Companies: WW Grainger (NYSE: GWW), Tenet Healthcare (NYSE: THC) and Townsquare Media (NYSE: TSQ)

By Austin Angelo

Companies in the Services sector have received a lot of coverage today as analysts weigh in on WW Grainger (NYSE: GWW), Tenet Healthcare (NYSE: THC) and Townsquare Media (NYSE: TSQ).

WW Grainger (NYSE: GWW)

RBC Capital analyst Deane Dray reiterated a Sell rating on WW Grainger (NYSE: GWW) today and set a price target of $151. The company’s shares closed on Friday at $203.48.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 6.9% and a 65.4% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group Inc, Lincoln Electric Holdings, and Emerson Electric Company.

WW Grainger has an analyst consensus of Hold, with a price target consensus of $194.88.

Tenet Healthcare (NYSE: THC)

RBC Capital analyst Frank Morgan reiterated a Hold rating on Tenet Healthcare (NYSE: THC) today and set a price target of $17. The company’s shares closed on Friday at $13.82, close to its 52-week low of $12.25.

According to TipRanks.com, Morgan is a 4-star analyst with an average return of 7.0% and a 56.6% success rate. Morgan covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Fresenius Medical Care Corp, and Quest Diagnostics Inc.

Currently, the analyst consensus on Tenet Healthcare is Moderate Buy and the average price target is $17.44, representing a 26.2% upside.

In a report issued on November 3, Credit Suisse also initiated coverage with a Hold rating on the stock with a $15 price target.
Townsquare Media (NYSE: TSQ)

In a report released today, Leo Kulp from RBC Capital reiterated a Buy rating on Townsquare Media (NYSE: TSQ), with a price target of $10. The company’s shares closed on Friday at $7.76, close to its 52-week low of $7.75.

According to TipRanks.com, Kulp is a 3-star analyst with an average return of 2.2% and a 63.5% success rate. Kulp covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, Regal Entertainment, and National Cinemedia.

Currently, the analyst consensus on Townsquare Media is Strong Buy and the average price target is $10.67, representing a 37.5% upside.

In a report issued on November 7, Jefferies also reiterated a Buy rating on the stock with a $11 price target.

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