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Analysts’ Top Communication Services Picks: Walt Disney (DIS), TKO Group Holdings (TKO)

Tipranks - Thu May 7, 10:52PM CDT

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

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Walt Disney (DIS)

In a report released yesterday, Laura Martin from Needham maintained a Buy rating on Walt Disney, with a price target of $125.00. The company’s shares closed last Wednesday at $108.06.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 9.6% and a 51.8% success rate. Martin covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Nexxen International, and Paramount Skydance. ;'>

Currently, the analyst consensus on Walt Disney is a Strong Buy with an average price target of $132.64, which is a 24.5% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $113.00 price target.

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TKO Group Holdings (TKO)

In a report released today, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on TKO Group Holdings, with a price target of $250.00. The company’s shares closed last Wednesday at $190.47.

According to TipRanks.com, Wlodarczak is a 4-star analyst with an average return of 3.3% and a 51.0% success rate. Wlodarczak covers the NA sector, focusing on stocks such as Liberty Media Liberty Formula One, Alphabet Class C, and Liberty Global C. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TKO Group Holdings with a $235.91 average price target, which is a 25.2% upside from current levels. In a report issued on May 1, Morgan Stanley also upgraded the stock to Buy with a $225.00 price target.

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