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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Vivid Seats (SEAT), Match Group (MTCH) and Crexendo (CXDO)

Tipranks - Tipranks - Thu Aug 6, 8:22AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Vivid Seats (SEAT), Match Group (MTCH) and Crexendo (CXDO).

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Vivid Seats (SEAT)

In a report released today, Daniel Kurnos from Benchmark Co. assigned a Buy rating to Vivid Seats, with a price target of $16.00. The company’s shares closed last Tuesday at $9.54.

According to TipRanks.com, Kurnos is a 4-star analyst with an average return of 7.2% and a 50.8% success rate. Kurnos covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, People Incorporated, and Paramount Skydance. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vivid Seats with a $11.59 average price target.

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

Match Group (MTCH)

In a report released today, Youssef Squali from Truist Financial assigned a Hold rating to Match Group, with a price target of $41.00. The company’s shares closed last Tuesday at $41.24.

According to TipRanks.com, Squali is a 5-star analyst with an average return of 10.9% and a 55.0% success rate. Squali covers the Technology sector, focusing on stocks such as Uber Technologies, Elastic, and DLocal. ;'>

Currently, the analyst consensus on Match Group is a Moderate Buy with an average price target of $42.18, which is a 5.3% upside from current levels. In a report issued on July 21, TipRanks – OpenAI also downgraded the stock to Hold with a $42.00 price target.

Crexendo (CXDO)

Lake Street analyst Eric Martinuzzi reiterated a Buy rating on Crexendo today and set a price target of $11.00. The company’s shares closed last Tuesday at $7.47.

According to TipRanks.com, Martinuzzi is a 5-star analyst with an average return of 15.0% and a 52.9% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as SoundThinking Inc, One Stop Systems, and Cognyte Software. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crexendo with a $11.00 average price target, which is a 50.1% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $12.00 price target.

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