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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Alphabet Class A (GOOGL) and Gogo (GOGO)

Tipranks - Fri May 22, 7:08AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Alphabet Class A (GOOGL) and Gogo (GOGO).

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Alphabet Class A (GOOGL)

In a report released today, Ronald Josey from Citi reiterated a Buy rating on Alphabet Class A, with a price target of $447.00. The company’s shares closed last Wednesday at $388.91.

According to TipRanks.com, Josey is a 4-star analyst with an average return of 3.0% and a 49.6% success rate. Josey covers the NA sector, focusing on stocks such as Getty Images Holdings, Zillow Group Class A, and IAC/InteractiveCorp. ;'>

Alphabet Class A has an analyst consensus of Strong Buy, with a price target consensus of $428.06, implying a 10.4% upside from current levels. In a report issued on May 6, DBS also maintained a Buy rating on the stock with a $460.00 price target.

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

Gogo (GOGO)

In a report released today, Justin Lang CFA from Morgan Stanley reiterated a Hold rating on Gogo, with a price target of $7.00. The company’s shares closed last Wednesday at $4.07.

According to TipRanks.com, CFA is ranked #8685 out of 12252 analysts.

Gogo has an analyst consensus of Hold, with a price target consensus of $8.67, implying an 112.0% upside from current levels. In a report issued on May 7, William Blair also reiterated a Hold rating on the stock.

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