Wall Street Analysts Are Bullish on Top Communication Services Picks
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Comcast (CMCSA) and AppLovin (APP) with bullish sentiments.
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Comcast (CMCSA)
Citi analyst Michael Rollins maintained a Buy rating on Comcast yesterday and set a price target of $33.00. The company’s shares closed last Monday at $28.90.
According to TipRanks.com, Rollins is a 5-star analyst with an average return of
Currently, the analyst consensus on Comcast is a Hold with an average price target of $32.19, implying a 12.5% upside from current levels. In a report issued on March 25, Bank of America Securities also maintained a Buy rating on the stock with a $37.00 price target.
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AppLovin (APP)
Citi analyst Jason Bazinet assigned a Buy rating to AppLovin yesterday and set a price target of $710.00. The company’s shares closed last Monday at $372.08.
According to TipRanks.com, Bazinet is a 5-star analyst with an average return of
AppLovin has an analyst consensus of Strong Buy, with a price target consensus of $653.65, representing a 71.7% upside. In a report issued on March 17, TipRanks – xAI also upgraded the stock to Buy with a $501.00 price target.
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