Analysts Offer Insights on Communication Services Companies: Spotify (SPOT) and Angel Studios Inc Class A (ANGX)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Spotify (SPOT – Research Report) and Angel Studios Inc Class A (ANGX – Research Report) with bullish sentiments.
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Spotify (SPOT)
Morgan Stanley analyst Benjamin Swinburne maintained a Buy rating on Spotify today and set a price target of $650.00. The company’s shares closed last Friday at $516.06.
According to TipRanks.com, Swinburne is a 5-star analyst with an average return of
Currently, the analyst consensus on Spotify is a Strong Buy with an average price target of $659.32, which is a 28.9% upside from current levels. In a report issued on March 1, TipRanks – PerPlexity also upgraded the stock to Buy with a $577.00 price target.
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Angel Studios Inc Class A (ANGX)
In a report released today, Jason Helfstein from Oppenheimer reiterated a Buy rating on Angel Studios Inc Class A, with a price target of $8.00. The company’s shares closed last Friday at $3.70.
According to TipRanks.com, Helfstein has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Angel Studios Inc Class A has an analyst consensus of Strong Buy, with a price target consensus of $9.17, which is a 121.0% upside from current levels. In a report issued on March 13, Roth MKM also maintained a Buy rating on the stock with a $9.00 price target.
