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Analysts Offer Insights on Communication Services Companies: Liberty Media Liberty Formula One (FWONA), Motorsport Games (MSGM) and Verizon (VZ)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Liberty Media Liberty Formula One (FWONAResearch Report), Motorsport Games (MSGMResearch Report) and Verizon (VZResearch Report).

Liberty Media Liberty Formula One (FWONA)

Benchmark Co. analyst Matthew Harrigan reiterated a Buy rating on Liberty Media Liberty Formula One today and set a price target of $77.00. The company’s shares closed last Monday at $58.60.

According to TipRanks.com, Harrigan is a 1-star analyst with an average return of -2.0% and a 49.9% success rate. Harrigan covers the NA sector, focusing on stocks such as Live Nation Entertainment, Charter Communications, and Sirius XM Holdings.

Currently, the analyst consensus on Liberty Media Liberty Formula One is a Moderate Buy with an average price target of $78.00.

See the top stocks recommended by analysts >>

Motorsport Games (MSGM)

In a report released today, Mike Hickey from Benchmark Co. maintained a Hold rating on Motorsport Games. The company’s shares closed last Monday at $2.20, close to its 52-week low of $2.02.

According to TipRanks.com, Hickey is a 1-star analyst with an average return of -2.5% and a 57.6% success rate. Hickey covers the NA sector, focusing on stocks such as Genius Sports Limited, TKO Group Holdings, and Cinemark Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Motorsport Games.

Verizon (VZ)

In a report released yesterday, Jonathan Atkin from RBC Capital maintained a Hold rating on Verizon, with a price target of $40.00. The company’s shares closed last Monday at $42.28, close to its 52-week high of $43.21.

Atkin has an average return of 0.1% when recommending Verizon.

According to TipRanks.com, Atkin is ranked #123 out of 8786 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Verizon with a $44.61 average price target, which is a 6.2% upside from current levels. In a report issued on March 22, Redburn Atlantic also upgraded the stock to Hold with a $39.00 price target.

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