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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Wed Apr 8, 8:50AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on TKO Group Holdings (TKO) and Vivid Seats (SEAT) with bullish sentiments.

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TKO Group Holdings (TKO)

In a report released today, Ryan Gravett from UBS maintained a Buy rating on TKO Group Holdings, with a price target of $238.00. The company’s shares closed last Tuesday at $195.96.

Gravett has an average return of 13.2% when recommending TKO Group Holdings. ;'>

According to TipRanks.com, Gravett is ranked #5252 out of 12128 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TKO Group Holdings with a $237.57 average price target, implying a 20.6% upside from current levels. In a report issued on March 30, Citizens JMP also initiated coverage with a Buy rating on the stock with a $240.00 price target.

See today’s best-performing stocks on TipRanks >>

Vivid Seats (SEAT)

In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on Vivid Seats. The company’s shares closed last Tuesday at $7.11.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 3.4% and a 38.9% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Jumia Technologies AG. ;'>

Vivid Seats has an analyst consensus of Hold, with a price target consensus of $8.78.

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