Blurbs

Analysts Offer Insights on Services Companies: WNS (WNS) and DraftKings (DKNG)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on WNS (WNSResearch Report) and DraftKings (DKNGResearch Report) with bullish sentiments.

WNS (WNS)

Needham analyst Mayank Tandon reiterated a Buy rating on WNS today and set a price target of $110.00. The company’s shares closed last Friday at $81.20.

According to TipRanks.com, Tandon is a 4-star analyst with an average return of 7.1% and a 46.5% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Duck Creek Technologies, and Grid Dynamics Holdings.

WNS has an analyst consensus of Strong Buy, with a price target consensus of $98.80.

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

DraftKings (DKNG)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on DraftKings, with a price target of $20.00. The company’s shares closed last Friday at $11.63, close to its 52-week low of $9.77.

According to TipRanks.com, McTernan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -22.2% and a 23.6% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and Peloton Interactive.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DraftKings with a $20.40 average price target, representing a 76.9% upside. In a report issued on January 6, Piper Sandler also maintained a Buy rating on the stock with a $15.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on WNS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More