Analysts Have Conflicting Sentiments on These Communication Services Companies: Clear Channel Outdoor (CCO) and Globalstar (GSAT)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Clear Channel Outdoor (CCO – Research Report) and Globalstar (GSAT – Research Report).
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Clear Channel Outdoor (CCO)
Barrington analyst Patrick Sholl maintained a Hold rating on Clear Channel Outdoor today. The company’s shares closed last Friday at $2.40.
According to TipRanks.com, Sholl is a 4-star analyst with an average return of
Currently, the analyst consensus on Clear Channel Outdoor is a Moderate Buy with an average price target of $2.47, a 3.8% upside from current levels. In a report issued on February 27, Citi also maintained a Hold rating on the stock with a $2.43 price target.
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Globalstar (GSAT)
Clear Street analyst Gregory Pendy reiterated a Buy rating on Globalstar today and set a price target of $71.00. The company’s shares closed last Friday at $62.27.
Pendy has an average return of
According to TipRanks.com, Pendy is ranked #4020 out of 12142 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globalstar with a $66.50 average price target, representing a 18.5% upside. In a report issued on February 28, TipRanks – Google also upgraded the stock to Buy with a $70.00 price target.
