Analysts Offer Insights on Communication Services Companies: Verizon (VZ), Meta Platforms (META) and Bumble (BMBL)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Verizon (VZ – Research Report), Meta Platforms (META – Research Report) and Bumble (BMBL – Research Report).
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Verizon (VZ)
In a report released today, Michael Rollins from Citi maintained a Buy rating on Verizon, with a price target of $50.00. The company’s shares closed last Monday at $50.97.
According to TipRanks.com, Rollins is a 5-star analyst with an average return of
Verizon has an analyst consensus of Moderate Buy, with a price target consensus of $49.96, which is a -2.7% downside from current levels. In a report issued on March 9, Scotiabank also upgraded the stock to Buy with a $54.50 price target.
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Meta Platforms (META)
Citi analyst Ronald Josey reiterated a Buy rating on Meta Platforms today and set a price target of $850.00. The company’s shares closed last Monday at $627.45.
According to TipRanks.com, Josey is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meta Platforms with a $858.86 average price target, representing a 35.9% upside. In a report issued on March 5, Erste Group also upgraded the stock to Buy.
Bumble (BMBL)
In a report released yesterday, Jake Fuller from BTIG maintained a Hold rating on Bumble. The company’s shares closed last Monday at $3.87.
According to TipRanks.com, Fuller is a 4-star analyst with an average return of
Bumble has an analyst consensus of Hold, with a price target consensus of $4.40, representing a 16.1% upside. In a report issued on March 12, J.P. Morgan also upgraded the stock to Hold.
