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Analysts Offer Insights on Communication Services Companies: Trade Desk (TTD) and T Mobile US (TMUS)

Tipranks - Thu Mar 19, 3:02AM CDT

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 T Mobile US (TMUSResearch Report) with bullish sentiments.

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Trade Desk (TTD)

KeyBanc analyst Justin Patterson maintained a Buy rating on Trade Desk today and set a price target of $35.00. The company’s shares closed last Tuesday at $25.07.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 6.5% and a 45.7% success rate. Patterson covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Zillow Group Class A, and Alphabet Class A. ;'>

Trade Desk has an analyst consensus of Moderate Buy, with a price target consensus of $33.41, a 23.0% upside from current levels. In a report issued on March 5, Huber Research also upgraded the stock to Buy with a $40.00 price target.

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T Mobile US (TMUS)

In a report released today, Sebastiano Petti from J.P. Morgan maintained a Buy rating on T Mobile US, with a price target of $300.00. The company’s shares closed last Tuesday at $213.35.

According to TipRanks.com, Petti is a 4-star analyst with an average return of 9.7% and a 64.6% success rate. Petti covers the NA sector, focusing on stocks such as Rogers Communication, Lumen Technologies, and Sirius XM Holdings. ;'>

Currently, the analyst consensus on T Mobile US is a Moderate Buy with an average price target of $257.47, a 19.1% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a $300.00 price target.

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