Analysts’ Opinions Are Mixed on These Communication Services Stocks: Magnite (MGNI) and Comcast (CMCSA)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Magnite (MGNI) and Comcast (CMCSA).
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Magnite (MGNI)
In a report released today, Jason Kreyer from Craig-Hallum maintained a Buy rating on Magnite. The company’s shares closed last Thursday at $13.45.
According to TipRanks.com, Kreyer is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Magnite with a $24.11 average price target, representing a 79.3% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $25.00 price target.
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Comcast (CMCSA)
Comcast received a Hold rating and a $31.00 price target from Morgan Stanley analyst Sean Diffley today. The company’s shares closed last Thursday at $28.75.
According to TipRanks.com, Diffley is a 2-star analyst with an average return of
Comcast has an analyst consensus of Hold, with a price target consensus of $31.93, a 12.7% upside from current levels. In a report issued on April 1, Scotiabank also maintained a Hold rating on the stock with a $34.00 price target.
Read More on MGNI:
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- Magnite: Deepening Integration in Streaming Ad Infrastructure Supports Buy Rating
- Magnite announces collaboration with AMC Global Media
- Magnite Announces Transition of Chief Product Officer Role
- Magnite to power programmatic across Nova Retail Network
- Magnite Earnings Call Highlights CTV‑Fueled Transformation
