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Analysts Conflicted on These Communication Services Names: SoftBank Group (OtherSFTBF), IAC/InteractiveCorp. (IAC) and fuboTV (FUBO)

Tipranks - Thu Feb 5, 7:14AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on SoftBank Group (SFTBFResearch Report), IAC/InteractiveCorp. (IACResearch Report) and fuboTV (FUBOResearch Report).

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SoftBank Group (SFTBF)

In a report released today, Jesse Sobelson, CFA from BTIG maintained a Buy rating on SoftBank Group, with a price target of Yen5400.00. The company’s shares closed last Tuesday at $25.60.

According to TipRanks.com, CFA is ranked #1785 out of 12040 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SoftBank Group with a $119.05 average price target.

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IAC/InteractiveCorp. (IAC)

In a report released today, Youssef Squali from Truist Financial maintained a Buy rating on IAC/InteractiveCorp.. The company’s shares closed last Tuesday at $36.80.

According to TipRanks.com, Squali is a 4-star analyst with an average return of 6.3% and a 49.4% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, DoubleVerify Holdings, and CrowdStrike Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IAC/InteractiveCorp. with a $47.25 average price target, which is a 28.2% upside from current levels. In a report issued on February 2, TD Cowen also maintained a Buy rating on the stock with a $60.00 price target.

fuboTV (FUBO)

Barrington analyst Patrick Sholl reiterated a Hold rating on fuboTV today. The company’s shares closed last Tuesday at $1.77, close to its 52-week low of $1.10.

According to TipRanks.com, Sholl is a 3-star analyst with an average return of 5.7% and a 39.2% success rate. Sholl covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Paramount Skydance. ;'>

Currently, the analyst consensus on fuboTV is a Moderate Buy with an average price target of $4.00, representing a 135.3% upside. In a report issued on January 28, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $2.50 price target.

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