Skip to main content

Analysts Offer Insights on Communication Services Companies: Omnicom Group (OMC) and AppLovin (APP)

Tipranks - Wed Mar 4, 5:26AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Omnicom Group (OMCResearch Report) and AppLovin (APPResearch Report).

Claim 70% Off TipRanks Premium

Omnicom Group (OMC)

Bank of America Securities analyst Adrien Hilaire reiterated a Sell rating on Omnicom Group today and set a price target of $81.00. The company’s shares closed last Monday at $85.36.

According to TipRanks.com, Hilaire is ranked #3242 out of 12144 analysts.

Omnicom Group has an analyst consensus of Moderate Buy, with a price target consensus of $97.71.

See the top stocks recommended by analysts >>

AppLovin (APP)

In a report released yesterday, Jason Bazinet from Citi maintained a Buy rating on AppLovin, with a price target of $820.00. The company’s shares closed last Monday at $432.98.

According to TipRanks.com, Bazinet is a 5-star analyst with an average return of 15.5% and a 60.0% success rate. Bazinet covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Madison Square Garden Sports, and Live Nation Entertainment. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AppLovin with a $663.15 average price target, which is a 58.4% upside from current levels. In a report issued on February 19, TipRanks – Google also upgraded the stock to Buy with a $467.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.