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Analysts Offer Insights on Communication Services Companies: Take-Two (TTWO) and Lumen Technologies (LUMN)

Tipranks - Thu Feb 5, 6:58AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Take-Two (TTWOResearch Report) and Lumen Technologies (LUMNResearch Report).

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Take-Two (TTWO)

BMO Capital analyst Brian Pitz reiterated a Buy rating on Take-Two yesterday and set a price target of $280.00. The company’s shares closed last Tuesday at $212.17, close to its 52-week high of $220.93.

According to TipRanks.com, Pitz is a 5-star analyst with an average return of 16.7% and a 69.3% success rate. Pitz covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Alphabet Class A, and Electronic Arts. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Take-Two with a $283.76 average price target, implying a 28.4% upside from current levels. In a report issued on January 20, Bank of America Securities also maintained a Buy rating on the stock with a $295.00 price target.

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Lumen Technologies (LUMN)

Goldman Sachs analyst Mike Ng maintained a Hold rating on Lumen Technologies today and set a price target of $7.25. The company’s shares closed last Tuesday at $8.46.

According to TipRanks.com, Ng is a 5-star analyst with an average return of 10.8% and a 56.6% success rate. Ng covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Zillow Group Class A. ;'>

Lumen Technologies has an analyst consensus of Hold, with a price target consensus of $7.32, a -19.4% downside from current levels. In a report released today, TipRanks – Google also downgraded the stock to Hold with a $9.50 price target.

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