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Analysts Offer Insights on Communication Services Companies: Magnite (MGNI) and Grupo Televisa, S.A.B. (TV)

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Magnite (MGNIResearch Report) and Grupo Televisa, S.A.B. (TVResearch Report) with bullish sentiments.

Magnite (MGNI)

Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on Magnite today and set a price target of $18.00. The company’s shares closed last Wednesday at $9.80.

According to TipRanks.com, Kurnos is a 1-star analyst with an average return of -0.2% and a 44.0% success rate. Kurnos covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, Paramount Global Class B, and Direct Digital Holdings.

Magnite has an analyst consensus of Strong Buy, with a price target consensus of $14.93, implying a 59.9% upside from current levels. In a report issued on May 1, Craig-Hallum also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Grupo Televisa, S.A.B. (TV)

Benchmark Co. analyst Matthew Harrigan maintained a Buy rating on Grupo Televisa, S.A.B. today and set a price target of $12.00. The company’s shares closed last Wednesday at $3.32.

According to TipRanks.com, Harrigan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.0% and a 49.0% success rate. Harrigan covers the NA sector, focusing on stocks such as Atlanta Braves Holdings Inc Class A, Liberty Media Liberty Formula One, and Live Nation Entertainment.

Currently, the analyst consensus on Grupo Televisa, S.A.B. is a Moderate Buy with an average price target of $7.75.

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