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Analysts Offer Insights on Communication Services Companies: Zedge (ZDGE) and fuboTV (FUBO)

Tipranks - Thu Jan 15, 8:00AM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Zedge (ZDGEResearch Report) and fuboTV (FUBOResearch Report) with bullish sentiments.

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Zedge (ZDGE)

Maxim Group analyst Allen Klee reiterated a Buy rating on Zedge today and set a price target of $6.00. The company’s shares closed last Tuesday at $3.71.

According to TipRanks.com, Klee is ranked 0 out of 5 stars with an average return of -10.8% and a 32.5% success rate. Klee covers the Technology sector, focusing on stocks such as Intelligent Protection Management, Health In Tech, Inc. Class A, and Ryde Group Limited Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zedge with a $6.00 average price target.

See the top stocks recommended by analysts >>

fuboTV (FUBO)

In a report released today, Laura Martin from Needham assigned a Buy rating to fuboTV, with a price target of $4.25. The company’s shares closed last Tuesday at $2.57.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 9.5% and a 51.5% success rate. Martin covers the NA sector, focusing on stocks such as Nexxen International, Reddit Inc Class A, and Paramount Skydance. ;'>

fuboTV has an analyst consensus of Moderate Buy, with a price target consensus of $4.63.

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