There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Cineplex (CPXGF – Research Report) and TechTarget (TTGT – Research Report) with bullish sentiments.
Cineplex (CPXGF)
Canaccord Genuity analyst Aravinda Galappatthige maintained a Buy rating on Cineplex today and set a price target of C$12.50. The company’s shares closed last Thursday at $6.29.
According to TipRanks.com, Galappatthige is a 1-star analyst with an average return of
Cineplex has an analyst consensus of Strong Buy, with a price target consensus of $10.12, implying a 64.3% upside from current levels. In a report issued on April 29, RBC Capital also maintained a Buy rating on the stock with a C$14.00 price target.
See today’s best-performing stocks on TipRanks >>
TechTarget (TTGT)
Needham analyst Joshua Reilly maintained a Buy rating on TechTarget today and set a price target of $50.00. The company’s shares closed last Thursday at $27.85.
According to TipRanks.com, Reilly is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TechTarget with a $44.50 average price target, implying a 61.3% upside from current levels. In a report released yesterday, Lake Street also assigned a Buy rating to the stock with a $39.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on CPXGF:
