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Analysts Have Conflicting Sentiments on These Services Companies: Driven Brands Holdings (DRVN) and Bloomin’ Brands (BLMN)

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Driven Brands Holdings (DRVNResearch Report) and Bloomin’ Brands (BLMNResearch Report).

Driven Brands Holdings (DRVN)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Buy rating on Driven Brands Holdings, with a price target of $38.00. The company’s shares closed last Monday at $30.64.

According to TipRanks.com, Gutman is a 1-star analyst with an average return of -0.5% and a 56.3% success rate. Gutman covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Grocery Outlet Holding.

Driven Brands Holdings has an analyst consensus of Strong Buy, with a price target consensus of $37.00, a 21.9% upside from current levels. In a report issued on July 18, Robert W. Baird also maintained a Buy rating on the stock with a $38.00 price target.

See today’s best-performing stocks on TipRanks >>

Bloomin’ Brands (BLMN)

Morgan Stanley analyst John Glass maintained a Hold rating on Bloomin’ Brands today and set a price target of $22.00. The company’s shares closed last Monday at $20.77.

According to TipRanks.com, Glass is a 4-star analyst with an average return of 6.8% and a 64.6% success rate. Glass covers the Services sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Cheesecake Factory.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bloomin’ Brands with a $26.94 average price target.

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