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Analysts Are Bullish on These Communication Services Stocks: Walt Disney (DIS), Vivid Seats (SEAT)

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Walt Disney (DISResearch Report) and Vivid Seats (SEATResearch Report) with bullish sentiments.

Walt Disney (DIS)

In a report released yesterday, Jessica Reif Ehrlich from Bank of America Securities reiterated a Buy rating on Walt Disney, with a price target of $145.00. The company’s shares closed last Tuesday at $105.39.

According to TipRanks.com, Ehrlich is a 4-star analyst with an average return of 4.8% and a 51.1% success rate. Ehrlich covers the NA sector, focusing on stocks such as Endeavor Group Holdings Inc, Paramount Global Class B, and Charter Communications.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walt Disney with a $135.81 average price target, a 26.6% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $145.00 price target.

See the top stocks recommended by analysts >>

Vivid Seats (SEAT)

Bank of America Securities analyst Curtis Nagle reiterated a Buy rating on Vivid Seats yesterday and set a price target of $10.00. The company’s shares closed last Tuesday at $5.41, close to its 52-week low of $5.11.

According to TipRanks.com, Nagle is a 4-star analyst with an average return of 3.9% and a 54.3% success rate. Nagle covers the NA sector, focusing on stocks such as Peloton Interactive, ACV Auctions, and Beyond Inc.

Currently, the analyst consensus on Vivid Seats is a Moderate Buy with an average price target of $9.00, which is a 54.9% upside from current levels. In a report issued on May 1, Benchmark Co. also maintained a Buy rating on the stock with a $15.00 price target.

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