Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Communication Services Companies: fuboTV (FUBO) and Liberty Media Liberty Formula One (FWONK)

Tipranks - Tue Mar 24, 6:46PM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on fuboTV (FUBO) and Liberty Media Liberty Formula One (FWONK).

Claim 30% Off TipRanks Premium

fuboTV (FUBO)

BTIG analyst Tyler DiMatteo maintained a Hold rating on fuboTV today. The company’s shares closed last Monday at $1.10, equals to its 52-week low of $1.10.

According to TipRanks.com, DiMatteo is a 2-star analyst with an average return of -0.4% and a 44.4% success rate. DiMatteo covers the NA sector, focusing on stocks such as Madison Square Garden Sports, Sphere Entertainment, and Nexxen International. ;'>

Currently, the analyst consensus on fuboTV is a Moderate Buy with an average price target of $3.17, implying a 188.2% upside from current levels. In a report issued on March 21, TipRanks – Google also downgraded the stock to Hold with a $1.00 price target.

See today’s best-performing stocks on TipRanks >>

Liberty Media Liberty Formula One (FWONK)

Bernstein analyst Ian S. Moore maintained a Buy rating on Liberty Media Liberty Formula One on March 19 and set a price target of $111.00. The company’s shares closed last Monday at $82.74.

According to TipRanks.com, Moore has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.7% and a 32.4% 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 $116.13 average price target, implying a 41.4% upside from current levels. In a report issued on March 21, TipRanks – PerPlexity also upgraded the stock to Buy with a $91.00 price target.

Read More on FUBO:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.