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Analysts Offer Insights on Services Companies: Chipotle (CMG) and LiveOne (LVO)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Chipotle (CMGResearch Report) and LiveOne (LVOResearch Report) with bullish sentiments.

Chipotle (CMG)

Wedbush analyst Nick Setyan maintained a Buy rating on Chipotle today and set a price target of $2000.00. The company’s shares closed last Wednesday at $1574.09.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 8.4% and a 50.3% success rate. Setyan covers the Services sector, focusing on stocks such as The ONE Group Hospitality, Papa John’s International, and Brinker International.

Chipotle has an analyst consensus of Strong Buy, with a price target consensus of $1954.39, a 24.2% upside from current levels. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

LiveOne (LVO)

In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on LiveOne, with a price target of $7.00. The company’s shares closed last Wednesday at $0.79, close to its 52-week low of $0.71.

According to TipRanks.com, Dede is a 4-star analyst with an average return of 5.4% and a 37.8% success rate. Dede covers the Technology sector, focusing on stocks such as HIVE Blockchain Technologies, Summit Wireless Technologies, and Mawson Infrastructure Group.

Currently, the analyst consensus on LiveOne is a Moderate Buy with an average price target of $7.00.

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