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 Offer Insights on Communication Services Companies: AppLovin (APP), DoubleVerify Holdings (DV) and fuboTV (FUBO)

Tipranks - Fri May 8, 10:36AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on AppLovin (APP), DoubleVerify Holdings (DV) and fuboTV (FUBO) with bullish sentiments.

Claim 55% Off TipRanks

AppLovin (APP)

In a report released today, Robert Coolbrith from Evercore ISI maintained a Buy rating on AppLovin, with a price target of $750.00. The company’s shares closed last Thursday at $501.58, close to its 52-week high of $525.15.

According to TipRanks.com, Coolbrith is a 1-star analyst with an average return of -5.2% and a 45.3% success rate. Coolbrith covers the NA sector, focusing on stocks such as Ziff Davis, Cardlytics, and Roku. ;'>

Currently, the analyst consensus on AppLovin is a Strong Buy with an average price target of $646.00, which is a 42.0% upside from current levels. In a report issued on April 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $523.00 price target.

See the top stocks recommended by analysts >>

DoubleVerify Holdings (DV)

In a report released yesterday, Maria Ripps from Canaccord Genuity maintained a Buy rating on DoubleVerify Holdings, with a price target of $16.00. The company’s shares closed last Thursday at $10.46.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 17.1% and a 45.2% success rate. Ripps covers the NA sector, focusing on stocks such as Zillow Group Class A, Nexxen International, and Alphabet Class A. ;'>

Currently, the analyst consensus on DoubleVerify Holdings is a Moderate Buy with an average price target of $13.64, implying a 25.1% upside from current levels. In a report issued on April 27, RBC Capital also maintained a Buy rating on the stock with a $14.00 price target.

fuboTV (FUBO)

Evercore ISI analyst Kutgun Maral maintained a Buy rating on fuboTV today and set a price target of $18.00. The company’s shares closed last Thursday at $11.00.

According to TipRanks.com, Maral is a 3-star analyst with an average return of 1.2% and a 44.2% success rate. Maral covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Liberty Media Liberty Formula One, and Live Nation Entertainment. ;'>

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 59.7% upside from current levels. In a report released today, Wedbush also maintained a Buy rating on the stock with a $19.00 price target.

Read More on APP:

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.