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Analysts Have Conflicting Sentiments on These Communication Services Companies: Comcast (CMCSA), America Movil (AMX) and AppLovin (APP)

Tipranks - Wed Jan 7, 6:56AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Comcast (CMCSAResearch Report), America Movil (AMXResearch Report) and AppLovin (APPResearch Report).

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Comcast (CMCSA)

Benchmark Co. analyst Matthew Harrigan maintained a Buy rating on Comcast today and set a price target of $44.00. The company’s shares closed last Monday at $28.13.

According to TipRanks.com, Harrigan is a 3-star analyst with an average return of 1.1% and a 50.1% success rate. Harrigan covers the NA sector, focusing on stocks such as Atlanta Braves Holdings Inc Class A, Liberty Media Liberty Formula One, and Live Nation Entertainment. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Comcast with a $33.92 average price target, representing a 22.3% upside. In a report issued on December 22, Citi also maintained a Buy rating on the stock.

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America Movil (AMX)

Scotiabank analyst Andres Coello maintained a Hold rating on America Movil today and set a price target of $19.50. The company’s shares closed last Monday at $20.85.

According to TipRanks.com, Coello is a top 100 analyst with an average return of 59.5% and a 86.7% success rate. Coello covers the NA sector, focusing on stocks such as Millicom International Cellular SA, Liberty LiLAC Group, and TIM. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for America Movil with a $23.38 average price target.

AppLovin (APP)

In a report released today, Mike Hickey from Benchmark Co. reiterated a Buy rating on AppLovin, with a price target of $775.00. The company’s shares closed last Monday at $632.91.

According to TipRanks.com, Hickey is a 3-star analyst with an average return of 1.8% and a 55.1% success rate. Hickey covers the NA sector, focusing on stocks such as Dave & Busters Entertainment, Genius Sports Limited, and Sphere Entertainment. ;'>

Currently, the analyst consensus on AppLovin is a Strong Buy with an average price target of $762.67, representing a 23.5% upside. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $750.00 price target.

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