Analysts Are Bullish on Top Communication Services Stocks: Reddit Inc Class A (RDDT), Take-Two (TTWO)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Reddit Inc Class A (RDDT) and Take-Two (TTWO) with bullish sentiments.
Reddit Inc Class A (RDDT)
In a report released today, Wyatt Swanson from D.A. Davidson reiterated a Buy rating on Reddit Inc Class A, with a price target of $185.00. The company’s shares closed last Thursday at $152.83.
According to TipRanks.com, Swanson is a 3-star analyst with an average return of
Currently, the analyst consensus on Reddit Inc Class A is a Moderate Buy with an average price target of $214.50, a 38.6% upside from current levels. In a report released yesterday, Truist Financial also reiterated a Buy rating on the stock with a $275.00 price target.
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Take-Two (TTWO)
Morgan Stanley analyst Matthew Cost maintained a Buy rating on Take-Two today and set a price target of $280.00. The company’s shares closed last Thursday at $210.62, close to its 52-week high of $220.93.
According to TipRanks.com, Cost is a 2-star analyst with an average return of
Currently, the analyst consensus on Take-Two is a Strong Buy with an average price target of $297.29, a 39.9% upside from current levels. In a report issued on September 16, Wells Fargo also maintained a Buy rating on the stock with a $300.00 price target.
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- Reddit price target lowered to $185 from $200 at DA Davidson
- EU Kids Act to restrict social media platforms’ access to children
- AI Daily: Meta targets first half of 2027 for in house AI chip development
- Wells Fargo sees lower probability of successful Reddit-Google AI deal renewal
- Reddit’s (RDDT) Accelerating User Growth Could Drive Further Upside
