Analysts Are Bullish on Top Communication Services Stocks: Groupon (GRPN), AppLovin (APP)
There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Groupon (GRPN – Research Report), AppLovin (APP – Research Report) and Perion Network (PERI – Research Report) with bullish sentiments.
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Groupon (GRPN)
In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on Groupon, with a price target of $44.00. The company’s shares closed last Friday at $32.98.
According to TipRanks.com, Brooks is a 5-star analyst with an average return of
Groupon has an analyst consensus of Hold, with a price target consensus of $37.25, implying a 1.5% upside from current levels. In a report issued on August 8, Roth MKM also maintained a Buy rating on the stock with a $47.00 price target.
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AppLovin (APP)
Jefferies analyst James Heaney CFA maintained a Buy rating on AppLovin today and set a price target of $560.00. The company’s shares closed last Friday at $455.98, close to its 52-week high of $525.15.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Currently, the analyst consensus on AppLovin is a Strong Buy with an average price target of $524.78, which is a 17.0% upside from current levels. In a report issued on August 7, Piper Sandler also maintained a Buy rating on the stock with a $500.00 price target.
Perion Network (PERI)
In a report released today, Eric Martinuzzi from Lake Street reiterated a Buy rating on Perion Network, with a price target of $14.00. The company’s shares closed last Friday at $10.21.
According to TipRanks.com, Martinuzzi is a 5-star analyst with an average return of
Currently, the analyst consensus on Perion Network is a Moderate Buy with an average price target of $13.00.
Read More on GRPN:
Disclaimer & DisclosureReport an Issue
- Groupon price target raised to $44 from $39 at Northland
- Groupon’s Q2 2025: Revenue Growth and Strategic Moves
- Apple invests extra $100B in U.S., Trump wants Intel CEO to resign: Morning Buzz
- Groupon sees Q3 revenue $117M-$120M, consensus $121.3M
- Groupon sees FY25 revenue $497M-$505M, consensus $499.71M
