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Analysts Offer Insights on Communication Services Companies: USA TODAY (TDAY) and Bumble (BMBL)

Tipranks - Fri Mar 13, 5:54AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on USA TODAY (TDAYResearch Report) and Bumble (BMBLResearch Report).

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USA TODAY (TDAY)

The company’s shares closed last Wednesday at $6.50.

According to TipRanks.com, Bazinet is a 5-star analyst with an average return of 15.0% and a 58.9% 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 Moderate Buy analyst consensus rating for USA TODAY with a $8.25 average price target, representing a 27.7% upside. In a report issued on February 28, TipRanks – Google also downgraded the stock to Hold with a $6.50 price target.

See the top stocks recommended by analysts >>

Bumble (BMBL)

In a report released yesterday, Omar Dessouky from Bank of America Securities reiterated a Sell rating on Bumble, with a price target of $3.30. The company’s shares closed last Wednesday at $2.84.

According to TipRanks.com, Dessouky is a 5-star analyst with an average return of 29.4% and a 53.4% success rate. Dessouky covers the NA sector, focusing on stocks such as Zillow Group Class A, Match Group, and AppLovin. ;'>

Bumble has an analyst consensus of Hold, with a price target consensus of $4.31.

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