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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Fri Apr 24, 7:06AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Sirius XM Holdings (SIRI) and AT&T (T) with bullish sentiments.

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Sirius XM Holdings (SIRI)

Sirius XM Holdings received a Buy rating and a $46.00 price target from Rosenblatt Securities analyst Barton Crockett today. The company’s shares closed last Wednesday at $28.06.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 5.1% and a 54.5% success rate. Crockett covers the NA sector, focusing on stocks such as Emerald Expositions Events, Nexxen International, and Alphabet Class A. ;'>

Sirius XM Holdings has an analyst consensus of Hold, with a price target consensus of $25.95, implying a -1.9% downside from current levels. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $32.00 price target.

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AT&T (T)

In a report released today, Sean Diffley from Morgan Stanley reiterated a Buy rating on AT&T, with a price target of $30.00. The company’s shares closed last Wednesday at $25.98.

According to TipRanks.com, Diffley is a 1-star analyst with an average return of -2.0% and a 25.0% success rate. Diffley covers the NA sector, focusing on stocks such as T Mobile US, Netflix, and Spotify. ;'>

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $30.81, representing a 22.5% upside. In a report issued on April 9, Bernstein also maintained a Buy rating on the stock with a $30.00 price target.

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