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Analysts Conflicted on These Communication Services Names: Match Group (MTCH), Criteo SA (CRTO) and AppLovin (APP)

Tipranks - Fri Aug 7, 6:14AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Match Group (MTCH), Criteo SA (CRTO) and AppLovin (APP).

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Match Group (MTCH)

In a report released today, Ken Gawrelski from Wells Fargo maintained a Hold rating on Match Group, with a price target of $40.00. The company’s shares closed last Wednesday at $38.15, close to its 52-week high of $38.84.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 4.7% and a 51.7% success rate. Gawrelski covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Pinterest. ;'>

Currently, the analyst consensus on Match Group is a Moderate Buy with an average price target of $42.00, which is a 10.8% upside from current levels. In a report issued on July 29, TipRanks – OpenAI also downgraded the stock to Hold with a $42.00 price target.

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Criteo SA (CRTO)

In a report released today, Alec Brondolo from Wells Fargo maintained a Hold rating on Criteo SA, with a price target of $16.00. The company’s shares closed last Wednesday at $17.05.

According to TipRanks.com, Brondolo is a 3-star analyst with an average return of 3.0% and a 45.5% success rate. Brondolo covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class A, and Liftoff Mobile, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Criteo SA with a $26.50 average price target, representing a 61.0% upside. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a $24.50 price target.

AppLovin (APP)

Morgan Stanley analyst Matthew Cost maintained a Buy rating on AppLovin today and set a price target of $650.00. The company’s shares closed last Wednesday at $417.80.

According to TipRanks.com, Cost is a 1-star analyst with an average return of -1.4% and a 48.3% success rate. Cost covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class C, and Liftoff Mobile, Inc. ;'>

AppLovin has an analyst consensus of Strong Buy, with a price target consensus of $588.47, representing a 36.1% upside. In a report issued on July 22, Jefferies also maintained a Buy rating on the stock with a $700.00 price target.

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