There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Cheesecake Factory (CAKE – Research Report) and Hilton Worldwide Holdings (HLT – Research Report) with bullish sentiments.
Cheesecake Factory (CAKE)
In a report released yesterday, Andy Barish from Jefferies reiterated a Buy rating on Cheesecake Factory, with a price target of $46.00. The company’s shares closed last Wednesday at $28.19, close to its 52-week low of $26.05.
According to TipRanks.com, Barish is a 4-star analyst with an average return of
Cheesecake Factory has an analyst consensus of Hold, with a price target consensus of $34.50, a 26.1% upside from current levels. In a report issued on July 19, Raymond James also maintained a Buy rating on the stock with a $36.00 price target.
Hilton Worldwide Holdings (HLT)
Jefferies analyst David Katz reiterated a Buy rating on Hilton Worldwide Holdings yesterday and set a price target of $154.00. The company’s shares closed last Wednesday at $129.25.
According to TipRanks.com, Katz is a 4-star analyst with an average return of
Hilton Worldwide Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $143.91, a 13.9% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $156.00 price target.
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