There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Stagwell (STGW – Research Report), Take-Two (TTWO – Research Report) and Tencent Music Entertainment Group (TME – Research Report) with bullish sentiments.
Stagwell (STGW)
Needham analyst Laura Martin maintained a Buy rating on Stagwell today and set a price target of $7.50. The company’s shares closed last Monday at $6.80.
According to TipRanks.com, Martin has 0 stars on 0-5 stars ranking scale with an average return of
Stagwell has an analyst consensus of Strong Buy, with a price target consensus of $7.80.
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Take-Two (TTWO)
In a report released today, Eric Handler from Roth MKM maintained a Buy rating on Take-Two, with a price target of $168.00. The company’s shares closed last Monday at $163.83, close to its 52-week high of $164.85.
According to TipRanks.com, Handler is a 5-star analyst with an average return of
Take-Two has an analyst consensus of Strong Buy, with a price target consensus of $176.15, representing a 6.8% upside. In a report issued on January 9, BMO Capital also initiated coverage with a Buy rating on the stock with a $200.00 price target.
Tencent Music Entertainment Group (TME)
In a report released today, Alex Poon from Morgan Stanley maintained a Buy rating on Tencent Music Entertainment Group, with a price target of $11.00. The company’s shares closed last Monday at $8.44.
According to TipRanks.com, Poon is a 4-star analyst with an average return of
Currently, the analyst consensus on Tencent Music Entertainment Group is a Strong Buy with an average price target of $9.92, representing a 19.7% upside. In a report issued on January 10, Macquarie also upgraded the stock to Buy.
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