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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 CGI Group (GIBResearch Report), Endeavor Group Holdings Inc (EDRResearch Report) and Sweetgreen (SGResearch Report) with bullish sentiments.

CGI Group (GIB)

In a report issued on November 9, Paul Treiber from RBC Capital maintained a Buy rating on CGI Group, with a price target of C$130.00. The company’s shares closed last Thursday at $85.46.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 7.6% and a 57.3% success rate. Treiber covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Enghouse Systems, and BlackBerry.

CGI Group has an analyst consensus of Strong Buy, with a price target consensus of $96.74, implying a 17.4% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$125.00 price target.

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Endeavor Group Holdings Inc (EDR)

RBC Capital analyst Kutgun Maral maintained a Buy rating on Endeavor Group Holdings Inc on November 7 and set a price target of $30.00. The company’s shares closed last Thursday at $21.76.

According to TipRanks.com, Maral is a 2-star analyst with an average return of 0.0% and a 43.0% success rate. Maral covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Paramount Global Class B, and Charter Communications.

Currently, the analyst consensus on Endeavor Group Holdings Inc is a Strong Buy with an average price target of $36.00.

Sweetgreen (SG)

In a report issued on November 8, Christopher Carril from RBC Capital maintained a Buy rating on Sweetgreen, with a price target of $20.00. The company’s shares closed last Thursday at $15.18, close to its 52-week low of $10.78.

According to TipRanks.com, Carril is a 4-star analyst with an average return of 7.7% and a 58.9% success rate. Carril covers the Services sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and Brinker International.

Currently, the analyst consensus on Sweetgreen is a Moderate Buy with an average price target of $20.14, a 36.0% upside from current levels. In a report issued on November 9, Cowen & Co. also maintained a Buy rating on the stock with a $19.00 price target.

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