Credit Suisse Upgrades Service Corp. Intl. (SCI) to Outperform

Credit Suisse upgraded Service Corp. Intl. (NYSE: SCI) from Neutral to Outperform with a price target of $32.00 (from $25.00).

Analyst R. Willoughby commented, "With a weak (but in line) 1Q16 EPS report behind it and fewer operational challenges ahead, we are upgrading SCI to Outperform (from Neutral). We are lifting our 2016 EPS forecast modestly to $1.24 (from $1.22) on higher revenue and profit forecasts and raising our price target to $32 (from $25)."

For an analyst ratings summary and ratings history on Service Corp. Intl. click here. For more ratings news on Service Corp. Intl. click here.

Shares of Service Corp. Intl. closed at $26.25 yesterday.

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