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Analysts Are Bullish on These Communication Services Stocks: Liberty Media Liberty Formula One (FWONK), Quinstreet (QNST)

Tipranks - Sat May 9, 7:08AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Liberty Media Liberty Formula One (FWONK) and Quinstreet (QNST) with bullish sentiments.

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Liberty Media Liberty Formula One (FWONK)

Bernstein analyst Ian S. Moore maintained a Buy rating on Liberty Media Liberty Formula One yesterday and set a price target of $115.00. The company’s shares closed last Thursday at $93.48.

According to TipRanks.com, Moore has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.1% and a 40.5% success rate. Moore covers the NA sector, focusing on stocks such as Live Nation Entertainment, TKO Group Holdings, and Warner Music Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Liberty Media Liberty Formula One with a $114.50 average price target, a 28.7% upside from current levels. In a report issued on April 30, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $117.00 price target.

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Quinstreet (QNST)

Barrington analyst Patrick Sholl reiterated a Buy rating on Quinstreet today and set a price target of $24.00. The company’s shares closed last Thursday at $13.36.

According to TipRanks.com, Sholl is a 4-star analyst with an average return of 11.3% and a 52.1% success rate. Sholl covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and National Cinemedia. ;'>

Currently, the analyst consensus on Quinstreet is a Strong Buy with an average price target of $21.33.

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