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Analysts Have Conflicting Sentiments on These Communication Services Companies: SoftBank Group (OtherSFTBF) and Gogo (GOGO)

Tipranks - Sat Jan 17, 8:32AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on SoftBank Group (SFTBFResearch Report) and Gogo (GOGOResearch Report).

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SoftBank Group (SFTBF)

In a report released today, Jesse Sobelson, CFA from BTIG maintained a Buy rating on SoftBank Group, with a price target of Yen5400.00. The company’s shares closed last Thursday at $25.52.

According to TipRanks.com, CFA is ranked #1785 out of 12040 analysts.

Currently, the analyst consensus on SoftBank Group is a Moderate Buy with an average price target of $116.20.

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Gogo (GOGO)

In a report released today, Justin Lang CFA from Morgan Stanley maintained a Hold rating on Gogo, with a price target of $8.00. The company’s shares closed last Thursday at $4.78.

According to TipRanks.com, CFA is ranked #10271 out of 12040 analysts.

Gogo has an analyst consensus of Hold, with a price target consensus of $10.67, a 120.5% upside from current levels. In a report issued on January 9, TipRanks – xAI also reiterated a Hold rating on the stock with a $5.00 price target.

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