Analysts Offer Insights on Communication Services Companies: IMAX (IMAX) and Paramount Skydance (PSKY)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on IMAX (IMAX) and Paramount Skydance (PSKY).
Easter Sale - 70% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
IMAX (IMAX)
J.P. Morgan analyst David Karnovsky reiterated a Buy rating on IMAX today and set a price target of $48.00. The company’s shares closed last Tuesday at $38.80.
According to TipRanks.com, Karnovsky is a 5-star analyst with an average return of
IMAX has an analyst consensus of Strong Buy, with a price target consensus of $45.00, which is a 15.0% upside from current levels. In a report issued on March 24, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $41.00 price target.
See today’s best-performing stocks on TipRanks >>
Paramount Skydance (PSKY)
In a report released today, Laurent Yoon from Bernstein maintained a Sell rating on Paramount Skydance, with a price target of $12.00. The company’s shares closed last Tuesday at $10.90.
According to TipRanks.com, Yoon is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Paramount Skydance with a $11.38 average price target, representing a 16.6% upside. In a report issued on April 2, Wells Fargo also assigned a Sell rating to the stock with a $8.01 price target.
Read More on IMAX:
