There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Alphabet Class A (GOOGL – Research Report), KT (KT – Research Report) and Frontier Communications Parent (FYBR – Research Report) with bullish sentiments.
Alphabet Class A (GOOGL)
Bank of America Securities analyst Justin Post maintained a Buy rating on Alphabet Class A today. The company’s shares closed last Thursday at $155.46, close to its 52-week high of $160.22.
According to TipRanks.com, Post is a top 100 analyst with an average return of
Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $168.06, implying an 8.1% upside from current levels. In a report issued on April 10, Wedbush also maintained a Buy rating on the stock with a $175.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
KT (KT)
In a report released today, Sun Jung Lee from Bank of America Securities maintained a Buy rating on KT. The company’s shares closed last Thursday at $12.19.
The the analyst consensus on KT is currently a Moderate Buy rating.
Frontier Communications Parent (FYBR)
Bank of America Securities analyst Shipra Pandey maintained a Buy rating on Frontier Communications Parent today. The company’s shares closed last Thursday at $22.80.
Frontier Communications Parent has an analyst consensus of Strong Buy, with a price target consensus of $34.00, implying a 49.5% upside from current levels. In a report issued on April 14, Citi also upgraded the stock to Buy with a $30.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on GOOGL:
- Alphabet (NASDAQ:GOOGL) Restructures Finance Division, Prioritizes AI
- Alphabet price target raised to $170 from $158 at Truist
- U.K. to ask Apple, Meta to agree to more parental controls, Bloomberg reports
- Seaport Research advertising analyst to hold an analyst/industry conference call
- Deutsche Bank Likes Alphabet’s (NASDAQ:GOOGL) Gemini 1.5 Pro Release
