Blurbs

Wall Street Analysts Are Bullish on Top Services Picks

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Bloomin’ Brands (BLMNResearch Report) and Liberty Media Liberty Formula One (FWONKResearch Report) with bullish sentiments.

Bloomin’ Brands (BLMN)

In a report issued on October 31, John Ivankoe from J.P. Morgan maintained a Buy rating on Bloomin’ Brands, with a price target of $26.00. The company’s shares closed last Tuesday at $23.67.

According to TipRanks.com, Ivankoe is a 5-star analyst with an average return of 10.5% and a 69.3% success rate. Ivankoe covers the Services sector, focusing on stocks such as Brinker International, F45 Training Holdings, and Texas Roadhouse.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bloomin’ Brands with a $27.00 average price target, implying a 10.7% upside from current levels. In a report issued on October 17, Jefferies also maintained a Buy rating on the stock with a $35.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Liberty Media Liberty Formula One (FWONK)

In a report issued on October 31, David Karnovsky from J.P. Morgan maintained a Buy rating on Liberty Media Liberty Formula One, with a price target of $73.00. The company’s shares closed last Tuesday at $56.75, close to its 52-week low of $54.31.

According to TipRanks.com, Karnovsky is a 3-star analyst with an average return of 3.4% and a 41.8% success rate. Karnovsky covers the Services sector, focusing on stocks such as Madison Square Garden Sports, Live Nation Entertainment, and Sinclair Broadcast.

Liberty Media Liberty Formula One has an analyst consensus of Moderate Buy, with a price target consensus of $68.67.

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