Analysts Offer Insights on Communication Services Companies: Zillow Group Class A (ZG), Townsquare Media (TSQ) and Magnite (MGNI)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Zillow Group Class A (ZG – Research Report), Townsquare Media (TSQ – Research Report) and Magnite (MGNI – Research Report).
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Zillow Group Class A (ZG)
Mizuho Securities analyst Lloyd Walmsley maintained a Hold rating on Zillow Group Class A today and set a price target of $65.00. The company’s shares closed last Wednesday at $46.72.
According to TipRanks.com, Walmsley is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class A with a $78.94 average price target, which is a 53.9% upside from current levels. In a report issued on January 29, Barclays also upgraded the stock to Hold with a $72.00 price target.
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Townsquare Media (TSQ)
Noble Financial analyst Michael Kupinski maintained a Buy rating on Townsquare Media today and set a price target of $15.00. The company’s shares closed last Wednesday at $7.18.
According to TipRanks.com, Kupinski is a 4-star analyst with an average return of
Currently, the analyst consensus on Townsquare Media is a Moderate Buy with an average price target of $13.50, an 88.0% upside from current levels. In a report issued on January 30, Barrington also maintained a Buy rating on the stock with a $12.00 price target.
Magnite (MGNI)
Lake Street analyst Eric Martinuzzi maintained a Buy rating on Magnite today and set a price target of $24.00. The company’s shares closed last Wednesday at $11.74.
According to TipRanks.com, Martinuzzi is a 4-star analyst with an average return of
Currently, the analyst consensus on Magnite is a Strong Buy with an average price target of $25.75, an 112.4% upside from current levels. In a report issued on February 9, RBC Capital also maintained a Buy rating on the stock with a $23.00 price target.
