Oppenheimer raised the firm’s price target on Service Corp. (SCI) to $92 from $86 and keeps an Outperform rating on the shares after meeting with CFO Eric Tanzberger at the firm’s Industrial Summit. Service Corp.’s ng-term growth opportunity appears intact, as the company is well-positioned to capitalize on an aging baby boomer population, and sell pre-need contracts to build its trust fund portfolio and gain advanced market share, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCI:
- Service International Announces Quarterly Cash Dividend
- Service Corp. price target raised to $86 from $79 at Oppenheimer
- 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