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Analysts Offer Insights on Communication Services Companies: TKO Group Holdings (TKO) and Paramount Skydance (PSKY)

Tipranks - Fri Feb 27, 6:29AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on TKO Group Holdings (TKOResearch Report) and Paramount Skydance (PSKYResearch Report).

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TKO Group Holdings (TKO)

In a report released today, Ian S. Moore from Bernstein reiterated a Buy rating on TKO Group Holdings, with a price target of $250.00. The company’s shares closed last Wednesday at $207.21.

According to TipRanks.com, Moore ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.6% and a 40.6% success rate. Moore covers the NA sector, focusing on stocks such as Live Nation Entertainment, Warner Music Group, and Spotify. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TKO Group Holdings with a $233.79 average price target, which is an 11.0% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $235.00 price target.

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Paramount Skydance (PSKY)

Needham analyst Laura Martin maintained a Hold rating on Paramount Skydance today. The company’s shares closed last Wednesday at $10.16, close to its 52-week low of $9.54.

According to TipRanks.com, Martin is a 4-star analyst with an average return of 4.8% and a 45.1% success rate. Martin covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and CuriosityStream. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Paramount Skydance with a $12.20 average price target, a 17.3% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $10.00 price target.

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