Analysts Offer Insights on Communication Services Companies: AT&T (T), Snap (SNAP) and Interpublic Group of Companies (IPG)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on AT&T (T – Research Report), Snap (SNAP – Research Report) and Interpublic Group of Companies (IPG – Research Report).

AT&T (T)

In a report released yesterday, Eric Luebchow from Wells Fargo maintained a Buy rating on AT&T, with a price target of $20.00. The company’s shares closed last Wednesday at $16.81.

According to TipRanks.com, Luebchow is a 2-star analyst with an average return of 0.0% and a 45.8% success rate. Luebchow covers the NA sector, focusing on stocks such as National Storage Affiliates, Extra Space Storage, and DigitalBridge Group.

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $20.78.

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Snap (SNAP)

Bank of America Securities analyst Justin Post reiterated a Hold rating on Snap today and set a price target of $14.00. The company’s shares closed last Wednesday at $11.08.

According to TipRanks.com, Post is a top 100 analyst with an average return of 23.2% and a 67.3% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, Maplebear, and Expedia.

Currently, the analyst consensus on Snap is a Hold with an average price target of $13.98, a 23.4% upside from current levels. In a report issued on April 16, Stifel Nicolaus also maintained a Hold rating on the stock with a $12.00 price target.

Interpublic Group of Companies (IPG)

Bank of America Securities analyst Adrien Hilaire reiterated a Buy rating on Interpublic Group of Companies yesterday and set a price target of $38.00. The company’s shares closed last Wednesday at $31.40.

According to TipRanks.com, Hilaire is ranked #3079 out of 8795 analysts.

Interpublic Group of Companies has an analyst consensus of Moderate Buy, with a price target consensus of $34.80.

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