Analysts’ Opinions Are Mixed on These Communication Services Stocks: Snap (SNAP) and fuboTV (FUBO)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Snap (SNAP) and fuboTV (FUBO).
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Snap (SNAP)
In a report released today, Brian White from Monness maintained a Hold rating on Snap, with a price target of $6.11. The company’s shares closed last Wednesday at $6.11.
According to TipRanks.com, White is a 5-star analyst with an average return of
Snap has an analyst consensus of Hold, with a price target consensus of $7.29, representing a 17.6% upside. In a report issued on April 27, RBC Capital also maintained a Hold rating on the stock with a $10.00 price target.
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fuboTV (FUBO)
Wedbush analyst Michael Pachter maintained a Buy rating on fuboTV today and set a price target of $19.00. The company’s shares closed last Wednesday at $10.43.
According to TipRanks.com, Pachter is ranked #11555 out of 12228 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for fuboTV with a $16.83 average price target, implying a 41.9% upside from current levels. In a report issued on May 1, Evercore ISI also initiated coverage with a Buy rating on the stock with a $18.00 price target.
Read More on SNAP:
Disclaimer & DisclosureReport an Issue
- Justin Post Maintains Hold on Snap With Neutral Outlook and Unchanged $8 Price Target Amid Subscription Strength but Ad and User Weakness
- Snap Inc. options imply 12.2% move in share price post-earnings
- Notable companies reporting after market close
- Snap reports Q1 EPS (5c), consensus (7c)
- Snap sees Q2 revenue $1.52B-$1.55B, consensus $1.53B
