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Analysts Offer Insights on Communication Services Companies: Zillow Group Class C (Z), Optimum Communications Inc Class A (OPTU) and Bumble (BMBL)

Tipranks - Tipranks - Sat Aug 8, 2:48PM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Zillow Group Class C (Z), Optimum Communications Inc Class A (OPTU) and Bumble (BMBL).

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Zillow Group Class C (Z)

In a report released today, Bernie McTernan from Needham reiterated a Hold rating on Zillow Group Class C. The company’s shares closed last Friday at $33.52.

According to TipRanks.com, McTernan is a 4-star analyst with an average return of 8.3% and a 48.4% success rate. McTernan covers the NA sector, focusing on stocks such as Genius Sports Limited, Fiverr International, and Liftoff Mobile, Inc. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Zillow Group Class C with a $52.33 average price target, implying a 56.3% upside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock.

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Optimum Communications Inc Class A (OPTU)

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Sell rating on Optimum Communications Inc Class A today. The company’s shares closed last Friday at $0.79.

According to TipRanks.com, Ehrlich is a 4-star analyst with an average return of 9.3% and a 49.2% success rate. Ehrlich covers the NA sector, focusing on stocks such as Charter Communications, Warner Music Group, and Sirius XM Holdings. ;'>

Currently, the analyst consensus on Optimum Communications Inc Class A is a Hold with an average price target of $1.31, which is a 66.2% upside from current levels. In a report issued on July 23, TipRanks – Anthropic also reiterated a Sell rating on the stock with a $0.85 price target.

Bumble (BMBL)

In a report released today, Omar Dessouky from Bank of America Securities maintained a Sell rating on Bumble. The company’s shares closed last Friday at $2.85.

According to TipRanks.com, Dessouky is a 5-star analyst with an average return of 26.9% and a 54.7% success rate. Dessouky covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Take-Two, and AppLovin. ;'>

Currently, the analyst consensus on Bumble is a Hold with an average price target of $3.68.

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