February 16, 2023February 16, 2023

Wall Street Analysts Are Bullish On Top Services Picks

Posted By: keaton

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Mastercard (MA – Research Report) and Upwork (UPWK – Research Report) with bullish sentiments.

Mastercard (MA)

In a report released yesterday, Jason Kupferberg from Bank of America Securities maintained a Buy rating on Mastercard, with a price target of $438.00. The company’s shares closed last Wednesday at $369.64.

According to TipRanks.com, Kupferberg is a 5-star analyst with an average return of 8.9% and a 61.9% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Affirm Holdings, DXC Technology, and I3 Verticals.

Currently, the analyst consensus on Mastercard is a Strong Buy with an average price target of $424.14, a 15.8% upside from current levels. In a report issued on February 14, Jefferies also maintained a Buy rating on the stock with a $430.00 price target.

See the top stocks recommended by analysts >>

Upwork (UPWK)

In a report released yesterday, Nat Schindler from Bank of America Securities reiterated a Buy rating on Upwork, with a price target of $28.00. The company’s shares closed last Wednesday at $13.94.

According to TipRanks.com, Schindler is a 5-star analyst with an average return of 10.1% and a 52.4% success rate. Schindler covers the Technology sector, focusing on stocks such as NerdWallet, Inc. Class A, Upstart Holdings, and Shutterstock.

Currently, the analyst consensus on Upwork is a Strong Buy with an average price target of $19.60, a 48.6% upside from current levels. In a report issued on February 13, Piper Sandler also maintained a Buy rating on the stock with a $15.00 price target.

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