Analysts Are Bullish on Top Communication Services Stocks: Live Nation Entertainment (LYV), Tencent Holdings (TCTZF)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Live Nation Entertainment (LYV – Research Report) and Tencent Holdings (TCTZF – Research Report) with bullish sentiments.
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Live Nation Entertainment (LYV)
In a report released today, Peter Henderson from Bank of America Securities reiterated a Buy rating on Live Nation Entertainment, with a price target of $180.00. The company’s shares closed last Monday at $165.80.
Henderson has an average return of
According to TipRanks.com, Henderson is ranked #2762 out of 12122 analysts.
Currently, the analyst consensus on Live Nation Entertainment is a Strong Buy with an average price target of $182.44, which is a 12.5% upside from current levels. In a report issued on February 25, Wells Fargo also initiated coverage with a Buy rating on the stock with a $204.00 price target.
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Tencent Holdings (TCTZF)
In a report released today, Alicia Yap from Citi maintained a Buy rating on Tencent Holdings, with a price target of HK$783.00. The company’s shares closed last Monday at $67.63, close to its 52-week high of $72.00.
Yap has an average return of
According to TipRanks.com, Yap is ranked #3335 out of 12122 analysts.
Currently, the analyst consensus on Tencent Holdings is a Strong Buy with an average price target of $98.96.
