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Analysts Have Conflicting Sentiments on These Communication Services Companies: Madison Square Garden Sports (MSGS) and Snap (SNAP)

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Madison Square Garden Sports (MSGSResearch Report) and Snap (SNAPResearch Report).

Madison Square Garden Sports (MSGS)

Macquarie analyst Paul Golding maintained a Buy rating on Madison Square Garden Sports yesterday and set a price target of $235.00. The company’s shares closed last Tuesday at $192.77.

According to TipRanks.com, Golding is a 3-star analyst with an average return of 2.2% and a 51.4% success rate. Golding covers the NA sector, focusing on stocks such as Peloton Interactive, Royal Caribbean, and Planet Fitness.

Madison Square Garden Sports has an analyst consensus of Moderate Buy, with a price target consensus of $235.00.

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

Snap (SNAP)

In a report released today, Brian White from Monness maintained a Hold rating on Snap. The company’s shares closed last Tuesday at $17.45, close to its 52-week high of $17.90.

According to TipRanks.com, White is a top 25 analyst with an average return of 21.4% and a 67.7% success rate. White covers the Technology sector, focusing on stocks such as Palantir Technologies, Salesforce, and Snowflake.

The word on The Street in general, suggests a Hold analyst consensus rating for Snap with a $14.59 average price target, a -13.1% downside from current levels. In a report issued on January 26, Roth MKM also maintained a Hold rating on the stock with a $14.00 price target.

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