Analysts Offer Insights on Communication Services Companies: Meta Platforms (META), Globalstar (GSAT) and AT&T (T)

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Meta Platforms (META), Globalstar (GSAT) and AT&T (T) with bullish sentiments.

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Meta Platforms (META)

In a report released today, Justin Post from Bank of America Securities maintained a Buy rating on Meta Platforms. The company’s shares closed last Tuesday at $653.67.

According to TipRanks.com, Post is a 5-star analyst with an average return of 21.2% and a 63.9% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, Maplebear, and DoorDash. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meta Platforms with a $855.46 average price target, representing a 33.0% upside. In a report issued on March 30, Monness also maintained a Buy rating on the stock with a $890.00 price target.

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Globalstar (GSAT)

Craig-Hallum analyst George Sutton maintained a Buy rating on Globalstar today. The company’s shares closed last Tuesday at $79.64.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 21.0% and a 49.3% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Globalstar has an analyst consensus of Moderate Buy, with a price target consensus of $71.00, a -9.9% downside from current levels. In a report issued on April 3, TipRanks – Google also upgraded the stock to Buy with a $86.00 price target.

AT&T (T)

Bank of America Securities analyst Michael Funk maintained a Buy rating on AT&T today. The company’s shares closed last Tuesday at $25.66.

Funk has an average return of 1.2% when recommending AT&T. ;'>

According to TipRanks.com, Funk is ranked #11759 out of 12179 analysts.

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $30.65, implying a 21.6% upside from current levels. In a report issued on March 31, Citi also maintained a Buy rating on the stock with a $31.50 price target.

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