Analysts Offer Insights on Communication Services Companies: Reddit Inc Class A (RDDT) and Gannett (GCI)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Reddit Inc Class A (RDDT – Research Report) and Gannett (GCI – Research Report) with bullish sentiments.
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Reddit Inc Class A (RDDT)
Citizens JMP analyst Andrew Boone reiterated a Buy rating on Reddit Inc Class A today and set a price target of $300.00. The company’s shares closed last Thursday at $194.42.
According to TipRanks.com, Boone is a 5-star analyst with an average return of
Reddit Inc Class A has an analyst consensus of Moderate Buy, with a price target consensus of $237.87, which is a 13.6% upside from current levels. In a report issued on October 17, Jefferies also maintained a Buy rating on the stock with a $200.76 price target.
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Gannett (GCI)
In a report released today, Matthew Condon from Citizens JMP maintained a Buy rating on Gannett, with a price target of $6.00. The company’s shares closed last Thursday at $5.25.
According to TipRanks.com, Condon is a 1-star analyst with an average return of
Currently, the analyst consensus on Gannett is a Moderate Buy with an average price target of $6.10.
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