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Analysts Are Bullish on These Communication Services Stocks: Taboola.com (TBLA), AppLovin (APP)

Tipranks - Tipranks - Fri Jan 16, 6:08AM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Taboola.com (TBLA – Research Report) and AppLovin (APP – Research Report) with bullish sentiments.

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AppLovin (APP)

Citi analyst Jason Bazinet maintained a Buy rating on AppLovin today. The company’s shares closed last Wednesday at $617.76.

According to TipRanks.com, Bazinet is a 5-star analyst with an average return of 19.4% and a 66.2% success rate. Bazinet covers the NA sector, focusing on stocks such as Live Nation Entertainment, Clear Channel Outdoor, and Universal Music Group. ;'>

Currently, the analyst consensus on AppLovin is a Strong Buy with an average price target of $767.06, which is a 14.0% upside from current levels. In a report released yesterday, Evercore ISI also initiated coverage with a Buy rating on the stock with a $835.00 price target.

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