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Analysts Offer Insights on Communication Services Companies: Take-Two (TTWO) and Warner Music Group (WMG)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Take-Two (TTWOResearch Report) and Warner Music Group (WMGResearch Report).

Take-Two (TTWO)

In a report released today, Mike Hickey from Benchmark Co. reiterated a Buy rating on Take-Two, with a price target of $200.00. The company’s shares closed last Thursday at $169.60, close to its 52-week high of $171.59.

According to TipRanks.com, Hickey is a 1-star analyst with an average return of -3.3% and a 57.3% success rate. Hickey covers the NA sector, focusing on stocks such as Genius Sports Limited, Cinemark Holdings, and Electronic Arts.

Currently, the analyst consensus on Take-Two is a Strong Buy with an average price target of $177.76, a 4.2% upside from current levels. In a report issued on January 25, Stifel Nicolaus also maintained a Buy rating on the stock with a $188.00 price target.

See the top stocks recommended by analysts >>

Warner Music Group (WMG)

In a report released yesterday, Kannan Venkateshwar from Barclays maintained a Hold rating on Warner Music Group, with a price target of $35.00. The company’s shares closed last Thursday at $35.29.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 7.2% and a 57.3% success rate. Venkateshwar covers the NA sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Spotify Technology SA.

Currently, the analyst consensus on Warner Music Group is a Moderate Buy with an average price target of $34.75, implying a -7.1% downside from current levels. In a report issued on February 5, Redburn Atlantic also upgraded the stock to Hold with a $21.00 price target.

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