Analysts Offer Insights on Communication Services Companies: Warner Music Group (WMG) and Liberty Media Liberty Formula One (FWONK)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Warner Music Group (WMG – Research Report) and Liberty Media Liberty Formula One (FWONK – Research Report).

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Warner Music Group (WMG)

Guggenheim analyst Michael Morris maintained a Buy rating on Warner Music Group today and set a price target of $37.00. The company’s shares closed last Tuesday at $29.98.

According to TipRanks.com, Morris is a 5-star analyst with an average return of 17.5% and a 57.1% success rate. Morris covers the NA sector, focusing on stocks such as Reddit Inc Class A, Paramount Skydance, and Alphabet Class A. ;'>

Warner Music Group has an analyst consensus of Strong Buy, with a price target consensus of $36.67.

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Liberty Media Liberty Formula One (FWONK)

Wells Fargo analyst Steven Cahall maintained a Sell rating on Liberty Media Liberty Formula One today and set a price target of $93.00. The company’s shares closed last Tuesday at $95.75.

According to TipRanks.com, Cahall is a 4-star analyst with an average return of 7.9% and a 56.2% success rate. Cahall covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, Charter Communications, and Nexstar Media Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Liberty Media Liberty Formula One with a $117.00 average price target.

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