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Analysts Are Bullish on Top Communication Services Stocks: Genius Sports Limited (GENI), Live Nation Entertainment (LYV)

Tipranks - Fri Feb 20, 11:32PM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Genius Sports Limited (GENIResearch Report) and Live Nation Entertainment (LYVResearch Report) with bullish sentiments.

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Genius Sports Limited (GENI)

In a report released today, Eric Handler from Roth MKM maintained a Buy rating on Genius Sports Limited, with a price target of $12.00. The company’s shares closed last Thursday at $6.41.

According to TipRanks.com, Handler is a 5-star analyst with an average return of 12.5% and a 60.7% success rate. Handler covers the NA sector, focusing on stocks such as Angel Studios Inc Class A, Live Nation Entertainment, and Doubledown Interactive Co. ;'>

Currently, the analyst consensus on Genius Sports Limited is a Strong Buy with an average price target of $12.07, a 96.3% upside from current levels. In a report issued on February 5, BTIG also maintained a Buy rating on the stock with a $16.00 price target.

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

Live Nation Entertainment (LYV)

TD Cowen analyst Doug Creutz reiterated a Buy rating on Live Nation Entertainment yesterday and set a price target of $166.00. The company’s shares closed last Thursday at $157.46, close to its 52-week high of $157.75.

According to TipRanks.com, Creutz is a 5-star analyst with an average return of 13.4% and a 58.8% success rate. Creutz covers the NA sector, focusing on stocks such as Warner Music Group, Electronic Arts, and AMC Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Live Nation Entertainment with a $172.80 average price target, representing a 10.9% upside. In a report released today, Roth MKM also maintained a Buy rating on the stock with a $190.00 price target.

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