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Analysts’ Top Services Picks: Starbucks (SBUX), Playa Hotels & Resorts (PLYA)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Starbucks (SBUXResearch Report) and Playa Hotels & Resorts (PLYAResearch Report) with bullish sentiments.

Starbucks (SBUX)

BTIG analyst Peter Saleh maintained a Buy rating on Starbucks on August 3 and set a price target of $110.00. The company’s shares closed last Thursday at $86.88.

According to TipRanks.com, Saleh is a 5-star analyst with an average return of 12.7% and a 59.7% success rate. Saleh covers the Services sector, focusing on stocks such as Papa John’s International, BurgerFi International, and Texas Roadhouse.

Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $92.06, a 5.6% upside from current levels. In a report issued on August 2, Jefferies also maintained a Buy rating on the stock with a $100.00 price target.

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

Playa Hotels & Resorts (PLYA)

In a report released today, Chris Woronka from Deutsche Bank maintained a Buy rating on Playa Hotels & Resorts, with a price target of $15.00. The company’s shares closed last Thursday at $7.15.

According to TipRanks.com, Woronka is a 4-star analyst with an average return of 6.8% and a 44.3% success rate. Woronka covers the Services sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Lindblad Expeditions Holdings, and Life Time Group Holdings.

Currently, the analyst consensus on Playa Hotels & Resorts is a Moderate Buy with an average price target of $13.00.

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