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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Tipranks - Thu May 21, 6:04AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Alphabet Class A (GOOGL), fuboTV (FUBO) and AT&T (T) with bullish sentiments.

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Alphabet Class A (GOOGL)

Bank of America Securities analyst Justin Post maintained a Buy rating on Alphabet Class A today and set a price target of $430.00. The company’s shares closed last Tuesday at $387.66.

According to TipRanks.com, Post is a 5-star analyst with an average return of 21.9% and a 63.5% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, DoorDash, and Expedia. ;'>

Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $425.68, implying a 7.2% upside from current levels. In a report issued on May 6, DBS also maintained a Buy rating on the stock with a $460.00 price target.

See the top stocks recommended by analysts >>

fuboTV (FUBO)

In a report released today, Laura Martin from Needham maintained a Buy rating on fuboTV, with a price target of $15.00. The company’s shares closed last Tuesday at $9.20.

According to TipRanks.com, Martin is a 4-star analyst with an average return of 8.2% and a 49.9% success rate. Martin covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Nexxen International, and Paramount Skydance. ;'>

fuboTV has an analyst consensus of Strong Buy, with a price target consensus of $16.83, representing a 79.6% upside. In a report issued on May 7, Wedbush also maintained a Buy rating on the stock with a $19.00 price target.

AT&T (T)

RBC Capital analyst Jonathan Atkin maintained a Buy rating on AT&T yesterday and set a price target of $31.00. The company’s shares closed last Tuesday at $24.98.

According to TipRanks.com, Atkin is ranked #569 out of 12240 analysts.

AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $30.97, a 25.9% upside from current levels. In a report issued on May 11, Bernstein also maintained a Buy rating on the stock with a $30.00 price target.

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