There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Match Group (MTCH – Research Report) and T Mobile US (TMUS – Research Report) with bullish sentiments.
Match Group (MTCH)
In a report released today, Curtis Nagle from Bank of America Securities maintained a Buy rating on Match Group, with a price target of $54.00. The company’s shares closed last Tuesday at $36.55.
According to TipRanks.com, Nagle is a 3-star analyst with an average return of
Match Group has an analyst consensus of Moderate Buy, with a price target consensus of $43.06, representing a 17.1% upside. In a report issued on January 9, Jefferies also maintained a Buy rating on the stock with a $47.00 price target.
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T Mobile US (TMUS)
In a report released today, David Barden from Bank of America Securities maintained a Buy rating on T Mobile US, with a price target of $175.00. The company’s shares closed last Tuesday at $163.74, close to its 52-week high of $165.95.
According to TipRanks.com, Barden is a 4-star analyst with an average return of
T Mobile US has an analyst consensus of Strong Buy, with a price target consensus of $186.88, implying a 13.3% upside from current levels. In a report issued on January 11, Citi also maintained a Buy rating on the stock with a $176.00 price target.
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