Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Communication Services Stocks: Magnite (MGNI) and Comcast (CMCSA)

Tipranks - Fri Apr 17, 9:26AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Magnite (MGNI) and Comcast (CMCSA).

Claim 30% Off TipRanks

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 2.8% and a 37.2% success rate. Kreyer covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Creative Realities. ;'>

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.

See the top stocks recommended by analysts >>

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 5.4% and a 100.0% success rate. Diffley covers the NA sector, focusing on stocks such as T Mobile US, Netflix, and Spotify. ;'>

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:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.