Analysts Offer Insights on Communication Services Companies: AT&T (T) and AppLovin (APP)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on AT&T (T – Research Report) and AppLovin (APP – Research Report) with bullish sentiments.
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AT&T (T)
In a report released yesterday, Jonathan Atkin from RBC Capital maintained a Buy rating on AT&T, with a price target of $31.00. The company’s shares closed last Wednesday at $28.47, close to its 52-week high of $28.51.
Atkin has an average return of
According to TipRanks.com, Atkin is ranked #439 out of 12109 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AT&T with a $29.59 average price target, which is an 8.5% upside from current levels. In a report issued on January 28, TipRanks – OpenAI also upgraded the stock to Buy with a $26.00 price target.
See today’s best-performing stocks on TipRanks >>
AppLovin (APP)
Scotiabank analyst Nat Schindler maintained a Buy rating on AppLovin today and set a price target of $775.00. The company’s shares closed last Wednesday at $456.81, close to its 52-week high of $525.15.
According to TipRanks.com, Schindler is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for AppLovin with a $691.13 average price target, representing a 50.6% upside. In a report issued on January 29, Jefferies also maintained a Buy rating on the stock with a $860.00 price target.
