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Analysts’ Top Communication Services Picks: Sphere Entertainment (SPHR), Anterix (ATEX)

Tipranks - Fri Feb 13, 9:54AM CST

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Sphere Entertainment (SPHRResearch Report), Anterix (ATEXResearch Report) and Telus (TUResearch Report) with bullish sentiments.

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Sphere Entertainment (SPHR)

In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on Sphere Entertainment. The company’s shares closed last Thursday at $113.97.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 6.0% and a 40.2% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Sportsman’s Warehouse. ;'>

Currently, the analyst consensus on Sphere Entertainment is a Moderate Buy with an average price target of $106.67.

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Anterix (ATEX)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Anterix. The company’s shares closed last Thursday at $30.23.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 15.6% and a 47.0% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Frequency Electronics, and Alkami Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anterix with a $44.00 average price target, representing a 60.9% upside. In a report issued on January 29, TipRanks – Google also upgraded the stock to Buy with a $32.00 price target.

Telus (TU)

In a report released today, Aravinda Galappatthige from Canaccord Genuity maintained a Buy rating on Telus, with a price target of C$21.00. The company’s shares closed last Thursday at $13.93.

According to TipRanks.com, Galappatthige is a 2-star analyst with an average return of 0.1% and a 47.6% success rate. Galappatthige covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and Quebecor. ;'>

Currently, the analyst consensus on Telus is a Moderate Buy with an average price target of $15.44.

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