Analysts Conflicted on These Services Names: Global Payments (GPN), Medifast (MED) and Republic Services (RSG)

Analysts have been eager to weigh in on the Services sector with new ratings on Global Payments (GPN – Research Report), Medifast (MED – Research Report) and Republic Services (RSG – Research Report).

Global Payments (GPN)

Credit Suisse analyst Timothy Chiodo maintained a Hold rating on Global Payments today and set a price target of $120.00. The company’s shares closed last Monday at $103.00.

According to TipRanks.com, Chiodo is a 4-star analyst with an average return of 5.0% and a 45.9% success rate. Chiodo covers the Technology sector, focusing on stocks such as Fidelity National Info, AvidXchange Holdings, and MeridianLink.

Global Payments has an analyst consensus of Strong Buy, with a price target consensus of $139.79, a 28.9% upside from current levels. In a report issued on April 18, J.P. Morgan also maintained a Hold rating on the stock with a $124.00 price target.

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Medifast (MED)

In a report released today, Linda Bolton Weiser from D.A. Davidson maintained a Hold rating on Medifast, with a price target of $71.00. The company’s shares closed last Monday at $90.57, close to its 52-week low of $89.38.

According to TipRanks.com, Weiser is a 4-star analyst with an average return of 4.3% and a 49.7% success rate. Weiser covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Lifetime Brands, and 1-800 Flowers.

Medifast has an analyst consensus of Hold, with a price target consensus of $71.00.

Republic Services (RSG)

Raymond James analyst Patrick Brown maintained a Buy rating on Republic Services today and set a price target of $154.00. The company’s shares closed last Monday at $144.98, close to its 52-week high of $149.17.

According to TipRanks.com, Brown is a top 25 analyst with an average return of 17.8% and a 75.3% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Construction Partners, Old Dominion Freight, and Waste Connections.

Currently, the analyst consensus on Republic Services is a Moderate Buy with an average price target of $151.70, representing a 4.8% upside. In a report issued on April 28, Oppenheimer also maintained a Buy rating on the stock with a $153.00 price target.

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Read More on GPN:

• Global Payments CEO Jeff Sloan to step down, Cameron Bready to succeed
• Global Payments CEO says Q1 best in four years
• Global Payments raises FY23 EPS view to $10.32-$10.44 from $10.25-$10.37
• Global Payments reports Q1 adjusted EPS $2.40, consensus $2.30
• GPN Earnings Report this Week: Is It a Buy, Ahead of Earnings?