Analysts Offer Insights on Communication Services Companies: Upwork (UPWK) and fuboTV (FUBO)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Upwork (UPWK) and fuboTV (FUBO).

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Upwork (UPWK)

BTIG analyst Marvin Fong maintained a Hold rating on Upwork today. The company’s shares closed last Wednesday at $8.57, close to its 52-week low of $8.43.

According to TipRanks.com, Fong is a 1-star analyst with an average return of -0.3% and a 40.2% success rate. Fong covers the NA sector, focusing on stocks such as SunCar Technology Group, Driven Brands Holdings, and Mercadolibre. ;'>

Currently, the analyst consensus on Upwork is a Hold with an average price target of $11.44, representing a 31.2% upside. In a report issued on June 6, TipRanks – Google also downgraded the stock to Hold with a $9.50 price target.

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fuboTV (FUBO)

Barrington analyst Patrick Sholl maintained a Buy rating on fuboTV today and set a price target of $16.00. The company’s shares closed last Wednesday at $9.98.

According to TipRanks.com, Sholl is a 4-star analyst with an average return of 11.1% and a 50.0% success rate. Sholl covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Sirius XM Holdings. ;'>

fuboTV has an analyst consensus of Strong Buy, with a price target consensus of $16.83.

Read More on UPWK:

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• Upwork Shareholders Approve New Directors and Governance Measures
• Upwork price target lowered to $10 from $17 at Citi
• Upwork management to meet with Needham
• Payoneer Global, Upwork extend 15-year partnership
• Upwork Earnings Call: Profitability Surges Amid AI Shift