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Analysts Offer Insights on Services Companies: Syneos Health (SYNH) and McDonald’s (MCD)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Syneos Health (SYNHResearch Report) and McDonald’s (MCDResearch Report) with bullish sentiments.

Syneos Health (SYNH)

In a report released yesterday, Elizabeth Anderson CFA from Evercore ISI maintained a Buy rating on Syneos Health, with a price target of $100.00. The company’s shares closed last Friday at $73.09.

According to TipRanks.com, CFA ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -19.4% and a 27.4% success rate. CFA covers the Healthcare sector, focusing on stocks such as Patterson Companies, AmerisourceBergen, and Oak Street Health.

Syneos Health has an analyst consensus of Moderate Buy, with a price target consensus of $95.00, representing a 32.8% upside. In a report issued on April 18, Robert W. Baird also maintained a Buy rating on the stock with a $111.00 price target.

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

McDonald’s (MCD)

In a report released yesterday, David Palmer from Evercore ISI maintained a Buy rating on McDonald’s, with a price target of $285.00. The company’s shares closed last Friday at $249.16.

According to TipRanks.com, Palmer is a 5-star analyst with an average return of 7.6% and a 63.1% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, BellRing Brands, and Hain Celestial.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for McDonald’s with a $282.78 average price target, representing an 11.2% upside. In a report issued on April 28, Barclays also maintained a Buy rating on the stock with a $300.00 price target.

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Read More on SYNH:

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