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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Twilio (TWLO) and Vivid Seats (SEAT)

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Twilio (TWLOResearch Report) and Vivid Seats (SEATResearch Report).

Twilio (TWLO)

Wells Fargo analyst Michael Turrin assigned a Hold rating to Twilio yesterday and set a price target of $60.00. The company’s shares closed last Tuesday at $56.66.

According to TipRanks.com, Turrin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.1% and a 47.4% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and CSG Systems International.

Currently, the analyst consensus on Twilio is a Hold with an average price target of $72.05, which is a 22.1% upside from current levels. In a report issued on February 29, BTIG also maintained a Hold rating on the stock.

See the top stocks recommended by analysts >>

Vivid Seats (SEAT)

In a report released yesterday, Curtis Nagle from Bank of America Securities reiterated a Buy rating on Vivid Seats, with a price target of $10.00. The company’s shares closed last Tuesday at $5.35.

According to TipRanks.com, Nagle is a 3-star analyst with an average return of 2.5% and a 53.5% success rate. Nagle covers the NA sector, focusing on stocks such as Peloton Interactive, ACV Auctions, and Beyond Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vivid Seats with a $9.17 average price target, which is a 70.4% upside from current levels. In a report issued on February 23, Craig-Hallum also maintained a Buy rating on the stock.

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