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Wall Street Analysts Are Bullish on Top Services Picks

There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on R1 RCM (RCMResearch Report), Paramount Global Class B (PARAResearch Report) and Mastercard (MAResearch Report) with bullish sentiments.

R1 RCM (RCM)

RBC Capital analyst Sean Dodge maintained a Buy rating on R1 RCM on August 1 and set a price target of $35.00. The company’s shares closed last Wednesday at $26.36, close to its 52-week high of $27.86.

According to TipRanks.com, Dodge is a 1-star analyst with an average return of -1.6% and a 46.0% success rate. Dodge covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, NextGen Healthcare, and Thorne HealthTech.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for R1 RCM with a $30.50 average price target, representing a 16.2% upside. In a report issued on August 1, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $33.00 price target.

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

Paramount Global Class B (PARA)

RBC Capital analyst Kutgun Maral maintained a Buy rating on Paramount Global Class B on August 1 and set a price target of $38.00. The company’s shares closed last Wednesday at $25.04, close to its 52-week low of $23.15.

According to TipRanks.com, Maral is a 4-star analyst with an average return of 5.7% and a 47.6% success rate. Maral covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Endeavor Group Holdings Inc, and Charter Communications.

Paramount Global Class B has an analyst consensus of Hold, with a price target consensus of $27.71, which is a 12.2% upside from current levels. In a report issued on August 2, Deutsche Bank also maintained a Buy rating on the stock with a $35.00 price target.

Mastercard (MA)

RBC Capital analyst Daniel Perlin maintained a Buy rating on Mastercard on August 2 and set a price target of $417.00. The company’s shares closed last Wednesday at $354.13.

According to TipRanks.com, Perlin is a 5-star analyst with an average return of 9.4% and a 53.4% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, TELUS International (CDA), and Jack Henry & Associates.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mastercard with a $414.48 average price target, which is a 18.4% upside from current levels. In a report issued on July 20, Wolfe Research also maintained a Buy rating on the stock with a $415.00 price target.

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