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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Meta Platforms (META) and Cardlytics (CDLX)

Tipranks - Tue Jan 27, 8:16AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Meta Platforms (METAResearch Report) and Cardlytics (CDLXResearch Report).

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Meta Platforms (META)

RBC Capital analyst Brad Erickson maintained a Buy rating on Meta Platforms today and set a price target of $810.00. The company’s shares closed last Friday at $658.76.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 22.0% and a 57.6% success rate. Erickson covers the Technology sector, focusing on stocks such as Uber Technologies, GoDaddy, and Lyft. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meta Platforms with a $821.11 average price target, representing a 27.3% upside. In a report issued on January 12, Wells Fargo also maintained a Buy rating on the stock with a $795.00 price target.

See today’s best-performing stocks on TipRanks >>

Cardlytics (CDLX)

In a report released today, Jacob Stephan from Lake Street maintained a Hold rating on Cardlytics, with a price target of $1.50. The company’s shares closed last Friday at $1.21.

According to TipRanks.com, Stephan is a 5-star analyst with an average return of 25.3% and a 54.3% success rate. Stephan covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Sequans Communications S A, and Research Solutions. ;'>

Cardlytics has an analyst consensus of Hold, with a price target consensus of $1.63, representing a 35.8% upside. In a report issued on January 14, TipRanks – Google also upgraded the stock to Hold with a $1.00 price target.

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