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Analysts Offer Insights on Communication Services Companies: fuboTV (FUBO), Cinemark Holdings (CNK) and IMAX (IMAX)

Tipranks - Wed Apr 8, 6:58AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on fuboTV (FUBO), Cinemark Holdings (CNK) and IMAX (IMAX).

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fuboTV (FUBO)

In a report released today, Michael Pachter from Wedbush reiterated a Buy rating on fuboTV, with a price target of $24.00. The company’s shares closed last Monday at $12.07.

According to TipRanks.com, Pachter is ranked #11450 out of 12128 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for fuboTV with a $15.17 average price target, a 38.5% upside from current levels. In a report issued on March 27, B. Riley Securities also initiated coverage with a Buy rating on the stock with a $18.00 price target.

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

Cinemark Holdings (CNK)

Goldman Sachs analyst Mike Ng maintained a Sell rating on Cinemark Holdings yesterday and set a price target of $22.00. The company’s shares closed last Monday at $30.13.

According to TipRanks.com, Ng is a 5-star analyst with an average return of 10.6% and a 54.7% success rate. Ng covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Zillow Group Class A. ;'>

Cinemark Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $31.30.

IMAX (IMAX)

In a report released yesterday, Stephen Laszczyk from Goldman Sachs maintained a Hold rating on IMAX, with a price target of $41.00. The company’s shares closed last Monday at $39.33.

According to TipRanks.com, Laszczyk is a 4-star analyst with an average return of 11.3% and a 58.4% success rate. Laszczyk covers the NA sector, focusing on stocks such as Live Nation Entertainment, Sphere Entertainment, and TKO Group Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IMAX with a $45.00 average price target, a 12.1% upside from current levels. In a report issued on March 31, TipRanks – OpenAI also downgraded the stock to Hold with a $40.00 price target.

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