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Analysts Are Bullish on Top Communication Services Stocks: Alphabet Class A (GOOGL), Take-Two (TTWO)

Tipranks - Sat May 23, 10:04AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Alphabet Class A (GOOGL), Take-Two (TTWO) and Singtel (SNGNF) with bullish sentiments.

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Alphabet Class A (GOOGL)

In a report released yesterday, Eric Sheridan from Goldman Sachs reiterated a Buy rating on Alphabet Class A, with a price target of $450.00. The company’s shares closed last Friday at $387.09.

According to TipRanks.com, Sheridan is a 4-star analyst with an average return of 4.2% and a 48.9% success rate. Sheridan covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, DoubleVerify Holdings, and IAC/InteractiveCorp. ;'>

Alphabet Class A has an analyst consensus of Strong Buy, with a price target consensus of $428.06, which is a 10.5% upside from current levels. In a report issued on May 6, DBS also maintained a Buy rating on the stock with a $460.00 price target.

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Take-Two (TTWO)

In a report released today, Wyatt Swanson from D.A. Davidson maintained a Buy rating on Take-Two. The company’s shares closed last Friday at $223.23.

Swanson has an average return of 1.1% when recommending Take-Two. ;'>

According to TipRanks.com, Swanson is ranked #4367 out of 12258 analysts.

Currently, the analyst consensus on Take-Two is a Strong Buy with an average price target of $292.58, a 20.0% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $269.00 price target.

Singtel (SNGNF)

CGS International analyst Prem Jearajasingam reiterated a Buy rating on Singtel yesterday and set a price target of S$5.34. The company’s shares closed last Thursday at $3.63.

According to TipRanks.com, Jearajasingam is ranked #8152 out of 12258 analysts.

Singtel has an analyst consensus of Moderate Buy, with a price target consensus of $4.16, representing a 15.5% upside. In a report released today, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a S$5.50 price target.

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