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Analysts’ Top Communication Services Picks: AT&T (T), Zillow Group Class A (ZG)

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on AT&T (TResearch Report), Zillow Group Class A (ZGResearch Report) and Take-Two (TTWOResearch Report) with bullish sentiments.

AT&T (T)

In a report released today, Maher Yaghi from Scotiabank maintained a Buy rating on AT&T, with a price target of $22.00. The company’s shares closed last Wednesday at $16.68.

According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 4.3% and a 61.9% success rate. Yaghi covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and Corus Entertainment.

AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $19.92, a 20.3% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $20.00 price target.

See today’s best-performing stocks on TipRanks >>

Zillow Group Class A (ZG)

In a report released today, Daniel Kurnos from Benchmark Co. maintained a Buy rating on Zillow Group Class A, with a price target of $60.00. The company’s shares closed last Wednesday at $52.90.

According to TipRanks.com, Kurnos is a 4-star analyst with an average return of 5.1% and a 48.1% success rate. Kurnos covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, Paramount Global Class B, and IAC/InteractiveCorp.

Zillow Group Class A has an analyst consensus of Moderate Buy, with a price target consensus of $50.80, implying a -6.3% downside from current levels. In a report issued on January 10, RBC Capital also maintained a Buy rating on the stock with a $60.00 price target.

Take-Two (TTWO)

Stifel Nicolaus analyst Drew Crum maintained a Buy rating on Take-Two today and set a price target of $188.00. The company’s shares closed last Wednesday at $165.90, close to its 52-week high of $168.16.

According to TipRanks.com, Crum is a 5-star analyst with an average return of 10.5% and a 58.2% success rate. Crum covers the NA sector, focusing on stocks such as MasterCraft Boat Holdings, OneWater Marine, and Brunswick.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Take-Two with a $176.80 average price target, a 6.4% upside from current levels. In a report issued on January 19, Goldman Sachs also maintained a Buy rating on the stock with a $200.00 price target.

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