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Analysts Offer Insights on Services Companies: Darden (DRI) and Brookfield Business Partners (BBU)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Darden (DRIResearch Report) and Brookfield Business Partners (BBUResearch Report) with bullish sentiments.

Darden (DRI)

In a report released today, Jared Garber from Goldman Sachs maintained a Buy rating on Darden, with a price target of $128.00. The company’s shares closed last Wednesday at $116.55, close to its 52-week low of $111.57.

Garber has an average return of 3.0% when recommending Darden.

According to TipRanks.com, Garber is ranked #6981 out of 7901 analysts.

Currently, the analyst consensus on Darden is a Moderate Buy with an average price target of $152.20, which is a 32.7% upside from current levels. In a report issued on June 9, Barclays also maintained a Buy rating on the stock with a $143.00 price target.

See the top stocks recommended by analysts >>

Brookfield Business Partners (BBU)

In a report released today, Devin Dodge from BMO Capital maintained a Buy rating on Brookfield Business Partners, with a price target of $38.00. The company’s shares closed last Wednesday at $23.20, close to its 52-week low of $20.26.

According to TipRanks.com, Dodge is a 4-star analyst with an average return of 6.6% and a 57.9% success rate. Dodge covers the Services sector, focusing on stocks such as Waste Connections, GFL Environmental, and Republic Services.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brookfield Business Partners with a $36.50 average price target.

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