There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Meta Platforms (META – Research Report), Live Nation Entertainment (LYV – Research Report) and AT&T (T – Research Report) with bullish sentiments.
Meta Platforms (META)
Oppenheimer analyst Jason Helfstein maintained a Buy rating on Meta Platforms today and set a price target of $500.00. The company’s shares closed last Wednesday at $493.50, close to its 52-week high of $531.49.
According to TipRanks.com, Helfstein is a 5-star analyst with an average return of
Currently, the analyst consensus on Meta Platforms is a Strong Buy with an average price target of $533.19, implying a 4.9% upside from current levels. In a report issued on April 21, Evercore ISI also maintained a Buy rating on the stock with a $550.00 price target.
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Live Nation Entertainment (LYV)
In a report released today, Jed Kelly from Oppenheimer maintained a Buy rating on Live Nation Entertainment, with a price target of $120.00. The company’s shares closed last Wednesday at $89.65.
According to TipRanks.com, Kelly is a 2-star analyst with an average return of
Currently, the analyst consensus on Live Nation Entertainment is a Strong Buy with an average price target of $121.43, which is a 34.9% upside from current levels. In a report issued on April 11, Rosenblatt Securities also maintained a Buy rating on the stock with a $119.00 price target.
AT&T (T)
Oppenheimer analyst Timothy Horan maintained a Buy rating on AT&T today and set a price target of $21.00. The company’s shares closed last Wednesday at $16.81.
According to TipRanks.com, Horan is a 5-star analyst with an average return of
AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $21.05, implying a 24.6% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $22.50 price target.
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