Analysts Offer Insights on Communication Services Companies: Liberty Media Liberty Formula One (FWONK) and Perion Network (PERI)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Liberty Media Liberty Formula One (FWONK – Research Report) and Perion Network (PERI – Research Report).
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Liberty Media Liberty Formula One (FWONK)
J.P. Morgan analyst David Karnovsky maintained a Buy rating on Liberty Media Liberty Formula One today and set a price target of $122.00. The company’s shares closed last Tuesday at $89.17.
According to TipRanks.com, Karnovsky is a 5-star analyst with an average return of
Liberty Media Liberty Formula One has an analyst consensus of Moderate Buy, with a price target consensus of $116.50, representing a 31.2% upside. In a report issued on January 15, Susquehanna also maintained a Buy rating on the stock with a $120.00 price target.
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Perion Network (PERI)
Needham analyst Laura Martin maintained a Hold rating on Perion Network today. The company’s shares closed last Tuesday at $9.20, close to its 52-week low of $7.47.
According to TipRanks.com, Martin is a 5-star analyst with an average return of
Perion Network has an analyst consensus of Strong Buy, with a price target consensus of $14.75.
