There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on TKO Group Holdings (TKO – Research Report), CMGE Technology Group Limited (HK:0302 – Research Report) and T Mobile US (TMUS – Research Report) with bullish sentiments.
TKO Group Holdings (TKO)
In a report issued on March 12, Randal Konik from Jefferies maintained a Buy rating on TKO Group Holdings, with a price target of $120.00. The company’s shares closed last Wednesday at $92.62.
According to TipRanks.com, Konik is a 4-star analyst with an average return of
Currently, the analyst consensus on TKO Group Holdings is a Strong Buy with an average price target of $105.25, implying a 17.6% upside from current levels. In a report issued on March 15, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $100.00 price target.
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CMGE Technology Group Limited (HK:0302)
In a report issued on April 2, Sophie Huang from CMB International Securities maintained a Buy rating on CMGE Technology Group Limited, with a price target of HK$2.90. The company’s shares closed yesterday at HK$1.05.
According to TipRanks.com, Huang is a 4-star analyst with an average return of
CMGE Technology Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of HK$2.90.
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Read More on TKO:
- M&A News: Silver Lake Takes Endeavor Private in $13B Deal
- TKO Group rallies 4% to $89.43 after Endeavor buyout by Silver Lake
- Silver Lake acquires Endeavor Group for $27.50 per share or $13B
- Smith & Nephew partners with UFC as sports medicine technology provider
- Endeavor Group price target raised to $30 from $28 at TD Cowen
