Oppenheimer analyst Scott Schneeberger raised the firm’s price target on Service Corp. (SCI) to $86 from $79 and keeps an Outperform rating on the shares. The firm notes Q3 adjusted EPS of 79c slightly topped its estimate/consensus. The company tweaked its 2024 adjusted EPS outlook to $3.47-$3.57 from “the previous expectation of the lower half of a prior $3.50-$3.80 range.”
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCI:
- Service Corp. price target raised to $85 from $80 at Raymond James
- Service Corporation International Reports Q3 2024 Results
- Service Corp. reports Q3 adjusted EPS 79c, consensus 77c
- Service Corp. sees Q4 adjusted EPS $1.00-$1.10, consensus $1.07
- Service Corp. sees FY24 adjusted EPS $3.47-$3.57, consensus $3.53