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 Have Conflicting Sentiments on These Communication Services Companies: Snap (SNAP), Alphabet Class A (GOOGL) and Fox (FOXA)

Tipranks - Fri Feb 6, 6:42AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Snap (SNAPResearch Report), Alphabet Class A (GOOGLResearch Report) and Fox (FOXAResearch Report).

Claim 50% Off TipRanks Premium

Snap (SNAP)

UBS analyst Stephen Ju maintained a Hold rating on Snap today and set a price target of $7.00. The company’s shares closed last Wednesday at $5.91.

Ju has an average return of 44.1% when recommending Snap. ;'>

According to TipRanks.com, Ju is ranked #685 out of 12040 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Snap with a $8.87 average price target, which is a 45.4% upside from current levels. In a report issued on January 28, Citi also maintained a Hold rating on the stock with a $10.00 price target.

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

Alphabet Class A (GOOGL)

In a report released today, Thomas Champion from Piper Sandler reiterated a Buy rating on Alphabet Class A, with a price target of $395.00. The company’s shares closed last Wednesday at $333.04.

According to TipRanks.com, Champion is a 4-star analyst with an average return of 8.6% and a 53.7% success rate. Champion covers the NA sector, focusing on stocks such as Reddit Inc Class A, Meta Platforms, and Netflix. ;'>

Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $367.45, representing a 7.1% upside. In a report issued on January 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $346.00 price target.

Fox (FOXA)

In a report released yesterday, Michael Morris from Guggenheim maintained a Buy rating on Fox, with a price target of $85.00. The company’s shares closed last Wednesday at $67.73.

According to TipRanks.com, Morris is a 5-star analyst with an average return of 17.0% and a 56.9% success rate. Morris covers the NA sector, focusing on stocks such as Paramount Skydance, Warner Music Group, and Reddit Inc Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fox with a $74.55 average price target, a 3.5% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $80.00 price target.

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.