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Analysts Offer Insights on Communication Services Companies: Fox (FOXA), TKO Group Holdings (TKO) and Genius Sports Limited (GENI)

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Fox (FOXAResearch Report), TKO Group Holdings (TKOResearch Report) and Genius Sports Limited (GENIResearch Report) with bullish sentiments.

Fox (FOXA)

In a report released today, Alan Gould from Loop Capital Markets reiterated a Buy rating on Fox, with a price target of $40.00. The company’s shares closed last Wednesday at $33.16.

According to TipRanks.com, Gould is a 4-star analyst with an average return of 4.9% and a 52.5% success rate. Gould covers the NA sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Spotify Technology SA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fox with a $34.88 average price target, representing a 7.7% upside. In a report released today, Bank of America Securities also upgraded the stock to Buy with a $40.00 price target.

See the top stocks recommended by analysts >>

TKO Group Holdings (TKO)

Jefferies analyst Randal Konik maintained a Buy rating on TKO Group Holdings today and set a price target of $131.00. The company’s shares closed last Wednesday at $98.27.

According to TipRanks.com, Konik is a 4-star analyst with an average return of 2.6% and a 48.2% success rate. Konik covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Savers Value Village Inc., and Topgolf Callaway Brands.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TKO Group Holdings with a $105.89 average price target.

Genius Sports Limited (GENI)

Oppenheimer analyst Jed Kelly maintained a Buy rating on Genius Sports Limited today and set a price target of $10.00. The company’s shares closed last Wednesday at $5.38.

According to TipRanks.com, Kelly is a 3-star analyst with an average return of 1.0% and a 43.8% success rate. Kelly covers the NA sector, focusing on stocks such as Rush Street Interactive, Booking Holdings, and Sonder Holdings.

Genius Sports Limited has an analyst consensus of Strong Buy, with a price target consensus of $7.73, representing a 34.9% upside. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock with a $0.55 price target.

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