Service Corp. price target raised to $91 from $86 at Oppenheimer

Oppenheimer analyst Scott Schneeberger raised the firm’s price target on Service Corp. (SCI) to $91 from $86 and keeps an Outperform rating on the shares. Service Corp.’s Rose Hills appears poised for high price-point sales activity, as its new “The Oaks” section has recently become available to customers, the analyst tells investors in a research note. The firm came away from a Q&A session with CFO Eric Tanzberger encouraged by Service Corp.’s outperformance.