Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Criteo SA (CRTO – Research Report), Warner Music Group (WMG – Research Report) and Lumen Technologies (LUMN – Research Report).
Criteo SA (CRTO)
In a report released yesterday, Doug Anmuth from J.P. Morgan maintained a Hold rating on Criteo SA, with a price target of $31.00. The company’s shares closed last Wednesday at $30.83.
According to TipRanks.com, Anmuth is a top 100 analyst with an average return of
Criteo SA has an analyst consensus of Moderate Buy, with a price target consensus of $35.33, which is a 9.6% upside from current levels. In a report issued on February 5, Wells Fargo also assigned a Hold rating to the stock with a $28.00 price target.
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Warner Music Group (WMG)
In a report released yesterday, Sebastiano Petti from J.P. Morgan maintained a Buy rating on Warner Music Group. The company’s shares closed last Wednesday at $36.19, close to its 52-week high of $37.50.
According to TipRanks.com, Petti is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Warner Music Group with a $35.00 average price target, representing a -4.2% downside. In a report issued on February 5, Morgan Stanley also maintained a Buy rating on the stock with a $42.00 price target.
Lumen Technologies (LUMN)
In a report released yesterday, David Barden from Bank of America Securities reiterated a Sell rating on Lumen Technologies, with a price target of $1.00. The company’s shares closed last Wednesday at $1.45, close to its 52-week low of $0.78.
According to TipRanks.com, Barden is a 4-star analyst with an average return of
Lumen Technologies has an analyst consensus of Hold, with a price target consensus of $8.20, a 439.5% upside from current levels. In a report released yesterday, J.P. Morgan also reiterated a Sell rating on the stock.
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