Analysts Have Conflicting Sentiments on These Communication Services Companies: Telus (TU) and Live Nation Entertainment (LYV)

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Telus (TU) and Live Nation Entertainment (LYV).

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Telus (TU)

Canaccord Genuity analyst Aravinda Galappatthige maintained a Hold rating on Telus today. The company’s shares closed last Friday at $10.43.

According to TipRanks.com, Galappatthige is a 3-star analyst with an average return of 1.7% and a 46.8% success rate. Galappatthige covers the NA sector, focusing on stocks such as Rogers Communication, Cineplex, and Quebecor. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Telus with a $14.32 average price target, which is a 36.3% upside from current levels. In a report issued on July 2, TipRanks – PerPlexity also downgraded the stock to Hold with a C$16.50 price target.

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

Live Nation Entertainment (LYV)

TD Cowen analyst Doug Creutz maintained a Buy rating on Live Nation Entertainment today. The company’s shares closed last Friday at $179.90.

According to TipRanks.com, Creutz is a 5-star analyst with an average return of 13.9% and a 62.2% success rate. Creutz covers the NA sector, focusing on stocks such as Universal Music Group, Paramount Skydance, and Warner Music Group. ;'>

Currently, the analyst consensus on Live Nation Entertainment is a Strong Buy with an average price target of $194.17, implying a 5.9% upside from current levels. In a report issued on July 2, Bernstein also maintained a Buy rating on the stock with a $200.00 price target.

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