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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Meta Platforms (META) and fuboTV (FUBO)

Tipranks - Fri Apr 10, 6:44AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Meta Platforms (META) and fuboTV (FUBO).

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Meta Platforms (META)

Piper Sandler analyst Thomas Champion reiterated a Buy rating on Meta Platforms today and set a price target of $880.00. The company’s shares closed last Wednesday at $612.42.

According to TipRanks.com, Champion is a 4-star analyst with an average return of 4.8% and a 48.1% success rate. Champion covers the NA sector, focusing on stocks such as Zillow Group Class A, Reddit Inc Class A, and Alphabet Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meta Platforms with a $847.70 average price target, a 39.9% 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 $885.00 price target.

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fuboTV (FUBO)

BTIG analyst Tyler DiMatteo maintained a Hold rating on fuboTV today. The company’s shares closed last Wednesday at $12.05.

According to TipRanks.com, DiMatteo is a 2-star analyst with an average return of -0.4% and a 44.4% success rate. DiMatteo covers the NA sector, focusing on stocks such as Madison Square Garden Sports, Sphere Entertainment, and Nexxen International. ;'>

fuboTV has an analyst consensus of Strong Buy, with a price target consensus of $15.17, implying a 16.8% upside from current levels. In a report issued on March 26, TipRanks – xAI also reiterated a Hold rating on the stock with a $10.50 price target.

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