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Analysts Have Conflicting Sentiments on These Communication Services Companies: Gray Media (GTN) and Live Nation Entertainment (LYV)

Tipranks - Wed Jul 29, 5:42AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Gray Media (GTN) and Live Nation Entertainment (LYV).

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Gray Media (GTN)

In a report released yesterday, Steven Cahall from Wells Fargo maintained a Hold rating on Gray Media, with a price target of $5.00. The company’s shares closed last Monday at $3.98.

According to TipRanks.com, Cahall is a 5-star analyst with an average return of 8.4% and a 57.2% success rate. Cahall covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, Live Nation Entertainment, and Charter Communications. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gray Media with a $6.17 average price target, which is a 53.5% upside from current levels. In a report issued on July 22, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $4.00 price target.

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Live Nation Entertainment (LYV)

BTIG analyst Tyler DiMatteo maintained a Buy rating on Live Nation Entertainment today and set a price target of $215.00. The company’s shares closed last Monday at $179.40.

According to TipRanks.com, DiMatteo is a 3-star analyst with an average return of 13.0% and a 65.0% success rate. DiMatteo covers the NA sector, focusing on stocks such as Madison Square Garden Entertainment Corp., Madison Square Garden Sports, and Sphere Entertainment. ;'>

Live Nation Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $201.64, a 12.4% upside from current levels. In a report issued on July 20, UBS also maintained a Buy rating on the stock with a $208.00 price target.

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