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Analysts Offer Insights on Communication Services Companies: AMC Networks (AMCX), Taboola.com (TBLA) and Telus (TU)

Tipranks - Tipranks - Tue May 12, 6:36AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on AMC Networks (AMCX), Taboola.com (TBLA) and Telus (TU).

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AMC Networks (AMCX)

In a report released yesterday, Sean Diffley from Morgan Stanley maintained a Sell rating on AMC Networks, with a price target of $7.00. The company’s shares closed last Friday at $8.80.

According to TipRanks.com, Diffley is a 1-star analyst with an average return of -2.3% and a 27.3% success rate. Diffley covers the NA sector, focusing on stocks such as Liberty Media Liberty Formula One, Starz Entertainment Corp, and Paramount Skydance. ;'>

Currently, the analyst consensus on AMC Networks is a Moderate Sell with an average price target of $7.25.

See the top stocks recommended by analysts >>

Taboola.com (TBLA)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Buy rating on Taboola.com, with a price target of $7.00. The company’s shares closed last Friday at $5.25.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 5.4% and a 54.2% success rate. Crockett covers the NA sector, focusing on stocks such as Emerald Expositions Events, Nexxen International, and Sirius XM Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Taboola.com with a $6.00 average price target, a 19.0% upside from current levels. In a report issued on April 28, TipRanks – Google also upgraded the stock to Buy with a $4.50 price target.

Telus (TU)

In a report released today, Vince Valentini from TD Cowen maintained a Buy rating on Telus, with a price target of C$20.00. The company’s shares closed last Friday at $12.75.

According to TipRanks.com, Valentini is a 2-star analyst with an average return of 0.4% and a 54.6% success rate. Valentini covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and Corus Entertainment. ;'>

Currently, the analyst consensus on Telus is a Moderate Buy with an average price target of $14.15, representing an 11.1% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a C$19.50 price target.

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