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.

Analysts’ Top Communication Services Picks: Meta Platforms (META), Take-Two (TTWO)

Tipranks - Fri Jul 3, 6:46AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Meta Platforms (META) and Take-Two (TTWO) with bullish sentiments.

4th of July Sale - 70% Off

Meta Platforms (META)

In a report released yesterday, Brian Nowak from Morgan Stanley maintained a Buy rating on Meta Platforms, with a price target of $775.00. The company’s shares closed last Wednesday at $612.91.

According to TipRanks.com, Nowak is a 4-star analyst with an average return of 5.5% and a 57.0% success rate. Nowak covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Pinterest. ;'>

Meta Platforms has an analyst consensus of Strong Buy, with a price target consensus of $818.81, a 34.7% upside from current levels. In a report issued on June 29, Monness also maintained a Buy rating on the stock with a $890.00 price target.

See the top stocks recommended by analysts >>

Take-Two (TTWO)

In a report released today, Clark Lampen from BTIG reiterated a Buy rating on Take-Two, with a price target of $293.00. The company’s shares closed last Wednesday at $250.32.

According to TipRanks.com, Lampen is a 5-star analyst with an average return of 22.0% and a 48.9% success rate. Lampen covers the NA sector, focusing on stocks such as Genius Sports Limited, Trade Desk, and AppLovin. ;'>

Take-Two has an analyst consensus of Strong Buy, with a price target consensus of $295.80, implying a 17.1% upside from current levels. In a report issued on June 24, B. Riley Securities also maintained a Buy rating on the stock with a $300.00 price target.

Read More on META:

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.