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Analysts Offer Insights on Services Companies: Rallybio (RLYB) and First Watch Restaurant Group (FWRG)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Rallybio (RLYBResearch Report) and First Watch Restaurant Group (FWRGResearch Report) with bullish sentiments.

Rallybio (RLYB)

Jefferies analyst Eun Yang maintained a Buy rating on Rallybio yesterday and set a price target of $19.00. The company’s shares closed last Monday at $8.97.

According to TipRanks.com, Yang is a 4-star analyst with an average return of 5.2% and a 48.1% success rate. Yang covers the Healthcare sector, focusing on stocks such as Taysha Gene Therapies, Blueprint Medicines, and United Therapeutics.

Rallybio has an analyst consensus of Moderate Buy, with a price target consensus of $28.00, which is a 212.2% upside from current levels. In a report released yesterday, JMP Securities also reiterated a Buy rating on the stock with a $37.00 price target.

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

First Watch Restaurant Group (FWRG)

Jefferies analyst Andy Barish reiterated a Buy rating on First Watch Restaurant Group yesterday and set a price target of $22.00. The company’s shares closed last Monday at $14.86.

According to TipRanks.com, Barish is a 5-star analyst with an average return of 8.3% and a 57.0% success rate. Barish covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Cheesecake Factory, and Ruth’s Hospitality.

First Watch Restaurant Group has an analyst consensus of Strong Buy, with a price target consensus of $20.60, implying a 38.6% upside from current levels. In a report issued on November 1, Citigroup also maintained a Buy rating on the stock with a $22.00 price target.

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