Analysts have been eager to weigh in on the Communication Services sector with new ratings on Live Nation Entertainment (LYV – Research Report) and Cable ONE (CABO – Research Report).
Live Nation Entertainment (LYV)
In a report released today, Stephen Laszczyk from Goldman Sachs reiterated a Buy rating on Live Nation Entertainment. The company’s shares closed last Thursday at $88.27.
According to TipRanks.com, Laszczyk is a 3-star analyst with an average return of
Currently, the analyst consensus on Live Nation Entertainment is a Strong Buy with an average price target of $121.07, representing a 35.2% upside. In a report issued on April 30, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $120.00 price target.
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Cable ONE (CABO)
In a report released yesterday, Steven Cahall from Wells Fargo maintained a Sell rating on Cable ONE, with a price target of $350.00. The company’s shares closed last Thursday at $395.98, close to its 52-week low of $373.37.
According to TipRanks.com, Cahall is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cable ONE with a $602.00 average price target.
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