Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Snap (SNAP – Research Report) and Comcast (CMCSA – Research Report).
Snap (SNAP)
Morgan Stanley analyst Brian Nowak maintained a Sell rating on Snap today and set a price target of $12.00. The company’s shares closed last Thursday at $11.40.
According to TipRanks.com, Nowak is a 4-star analyst with an average return of
Snap has an analyst consensus of Hold, with a price target consensus of $14.27.
See today’s best-performing stocks on TipRanks >>
Comcast (CMCSA)
Morgan Stanley analyst Benjamin Swinburne maintained a Buy rating on Comcast today and set a price target of $48.00. The company’s shares closed last Thursday at $37.87, close to its 52-week low of $36.39.
According to TipRanks.com, Swinburne is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Comcast with a $49.54 average price target, implying a 28.2% upside from current levels. In a report issued on April 24, Loop Capital Markets also maintained a Buy rating on the stock with a $57.00 price target.
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Read More on SNAP:
- SNAP Earnings: Shares Vault 27% Higher after Surprisingly Strong Quarter
- Options Volatility and Implied Earnings Moves Today, April 25, 2024
- Meta, Google to benefit from TikTok ban, Washington Post reports
- #SocialStocks: TikTok to challenge enactment of U.S. ban
- TikTok says ‘unconstitutional law is a TikTok ban,’ will challenge in court
