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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Sun Jan 25, 9:52AM CST

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

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Nintendo Co (NTDOF)

Goldman Sachs analyst Minami Munakata maintained a Buy rating on Nintendo Co yesterday and set a price target of Yen14200.00. The company’s shares closed last Friday at $67.33.

According to TipRanks.com, Munakata is ranked #6810 out of 12040 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nintendo Co with a $101.28 average price target, implying a 49.5% upside from current levels. In a report issued on January 15, Jefferies also maintained a Buy rating on the stock with a Yen21260.00 price target.

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