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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Fri Feb 27, 7:17AM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Trade Desk (TTDResearch Report) and Taboola.com (TBLAResearch Report) with bullish sentiments.

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Trade Desk (TTD)

Truist Financial analyst Youssef Squali maintained a Buy rating on Trade Desk today and set a price target of $50.00. The company’s shares closed last Wednesday at $25.16.

According to TipRanks.com, Squali is a 3-star analyst with an average return of 1.6% and a 42.7% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, CrowdStrike Holdings, and Uber Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trade Desk with a $39.21 average price target, which is a 57.3% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $29.00 price target.

See the top stocks recommended by analysts >>

Taboola.com (TBLA)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Buy rating on Taboola.com, with a price target of $7.00. The company’s shares closed last Wednesday at $2.95, close to its 52-week low of $2.69.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.0% and a 50.9% success rate. Crockett covers the NA sector, focusing on stocks such as Emerald Expositions Events, Sirius XM Holdings, and Alphabet Class A. ;'>

Currently, the analyst consensus on Taboola.com is a Strong Buy with an average price target of $5.00, representing a 70.1% upside. In a report issued on February 12, TipRanks – DeepSeek also upgraded the stock to Buy with a $4.00 price target.

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