Analysts Conflicted on These Communication Services Names: New York Times (NYT) and Snap (SNAP)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on New York Times (NYT – Research Report) and Snap (SNAP – Research Report).
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New York Times (NYT)
Evercore ISI analyst Kutgun Maral maintained a Buy rating on New York Times today and set a price target of $75.00. The company’s shares closed last Wednesday at $67.63.
According to TipRanks.com, Maral is a 3-star analyst with an average return of
Currently, the analyst consensus on New York Times is a Moderate Buy with an average price target of $69.86, representing a 12.0% upside. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $74.00 price target.
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Snap (SNAP)
Evercore ISI analyst Mark Mahaney maintained a Hold rating on Snap today and set a price target of $9.00. The company’s shares closed last Wednesday at $5.91.
According to TipRanks.com, Mahaney is a 5-star analyst with an average return of
Currently, the analyst consensus on Snap is a Hold with an average price target of $8.38, which is a 37.4% upside from current levels. In a report issued on January 28, Citi also maintained a Hold rating on the stock with a $10.00 price target.
