Skip to main content

Analysts Offer Insights on Communication Services Companies: Meta Platforms (META), TKO Group Holdings (TKO) and AT&T (T)

Tipranks - Fri Jan 30, 6:56AM CST

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Meta Platforms (METAResearch Report), TKO Group Holdings (TKOResearch Report) and AT&T (TResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Meta Platforms (META)

Stifel Nicolaus analyst Mark Kelley maintained a Buy rating on Meta Platforms today and set a price target of $820.00. The company’s shares closed last Wednesday at $668.73.

According to TipRanks.com, Kelley is a 5-star analyst with an average return of 24.1% and a 60.8% success rate. Kelley covers the NA sector, focusing on stocks such as Alphabet Class A, Trade Desk, and Pinterest. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meta Platforms with a $854.13 average price target, implying a 26.6% upside from current levels. In a report issued on January 26, Rothschild & Co Redburn also upgraded the stock to Buy with a $900.00 price target.

See the top stocks recommended by analysts >>

TKO Group Holdings (TKO)

Guggenheim analyst Curry Baker maintained a Buy rating on TKO Group Holdings today and set a price target of $225.00. The company’s shares closed last Wednesday at $194.88.

According to TipRanks.com, Baker is a 5-star analyst with an average return of 11.5% and a 57.8% success rate. Baker covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Live Nation Entertainment, and Genius Sports Limited. ;'>

Currently, the analyst consensus on TKO Group Holdings is a Strong Buy with an average price target of $228.43, representing a 14.7% upside. In a report issued on January 19, Susquehanna also maintained a Buy rating on the stock with a $251.00 price target.

AT&T (T)

J.P. Morgan analyst Sebastiano Petti reiterated a Buy rating on AT&T today and set a price target of $33.00. The company’s shares closed last Wednesday at $24.07.

According to TipRanks.com, Petti is a 4-star analyst with an average return of 4.9% and a 60.0% success rate. Petti covers the NA sector, focusing on stocks such as Array Digital Infrastructure, Telephone & Data Systems, and Sirius XM Holdings. ;'>

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $29.25, which is a 24.9% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $26.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.