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Analysts Have Conflicting Sentiments on These Communication Services Companies: Meta Platforms (META), AT&T (T) and Rogers Communication (RCI)

Tipranks - Fri Apr 24, 6:51AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Meta Platforms (META), AT&T (T) and Rogers Communication (RCI).

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Meta Platforms (META)

Guggenheim analyst Michael Morris maintained a Buy rating on Meta Platforms today and set a price target of $850.00. The company’s shares closed last Wednesday at $674.72.

According to TipRanks.com, Morris is a 5-star analyst with an average return of 14.1% and a 56.0% success rate. Morris covers the NA sector, focusing on stocks such as Universal Music Group, Reddit Inc Class A, and Warner Music Group. ;'>

Currently, the analyst consensus on Meta Platforms is a Strong Buy with an average price target of $855.60, representing a 26.9% upside. In a report issued on April 18, TipRanks – xAI also upgraded the stock to Buy with a $785.00 price target.

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AT&T (T)

Scotiabank analyst Maher Yaghi maintained a Hold rating on AT&T today and set a price target of $31.00. The company’s shares closed last Wednesday at $25.98.

According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 4.5% and a 57.2% success rate. Yaghi covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and T Mobile US. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AT&T with a $30.81 average price target, which is a 22.5% upside from current levels. In a report issued on April 8, Exane BNP Paribas also downgraded the stock to Hold with a $28.00 price target.

Rogers Communication (RCI)

In a report released yesterday, Drew Mcreynolds from RBC Capital maintained a Buy rating on Rogers Communication, with a price target of C$63.00. The company’s shares closed last Wednesday at $37.48.

According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of 4.6% and a 52.7% success rate. Mcreynolds covers the NA sector, focusing on stocks such as Cogeco Communications, WildBrain, and Cineplex. ;'>

Rogers Communication has an analyst consensus of Moderate Buy, with a price target consensus of $42.72, implying a 25.0% upside from current levels. In a report released today, TipRanks – DeepSeek also upgraded the stock to Buy with a C$58.00 price target.

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