Analysts Offer Insights on Communication Services Companies: Meta Platforms (META), MediaAlpha (MAX) and Frontier Communications Parent (FYBR)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Meta Platforms (META – Research Report), MediaAlpha (MAX – Research Report) and Frontier Communications Parent (FYBR – Research Report).
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Meta Platforms (META)
In a report released today, Ronald Josey from Citi reiterated a Buy rating on Meta Platforms, with a price target of $690.00. The company's shares closed last Wednesday at $549.00.
According to TipRanks.com, Josey is a top 100 analyst with an average return of 21.3% and a 54.1% success rate. Josey covers the NA sector, focusing on stocks such as Getty Images Holdings, Zillow Group Class A, and Fiverr International. ;'>
Currently, the analyst consensus on Meta Platforms is a Strong Buy with an average price target of $685.35, a 27.3% upside from current levels. In a report issued on April 16, Cantor Fitzgerald also maintained a Buy rating on the stock with a $624.00 price target.
MediaAlpha (MAX)
In a report released today, Thomas McJoynt Griffith from KBW reiterated a Buy rating on MediaAlpha, with a price target of $17.00. The company's shares closed last Wednesday at $8.40, close to its 52-week low of $8.21.
According to TipRanks.com, Griffith is a 5-star analyst with an average return of 22.6% and a 52.8% success rate. Griffith covers the Financial sector, focusing on stocks such as Hamilton Insurance Group, Ltd. Class B, GooseHead Insurance, and TWFG, Inc. Class A. ;'>
Currently, the analyst consensus on MediaAlpha is a Strong Buy with an average price target of $16.00, implying an 87.4% upside from current levels. In a report issued on April 22, J.P. Morgan also maintained a Buy rating on the stock with a $10.00 price target.
Frontier Communications Parent (FYBR)
Wells Fargo analyst Caleb Stein reiterated a Hold rating on Frontier Communications Parent yesterday and set a price target of $38.50. The company's shares closed last Wednesday at $36.25, close to its 52-week high of $39.21.
Stein has an average return of 54.9% when recommending Frontier Communications Parent. ;'>
According to TipRanks.com, Stein is ranked #2241 out of 9437 analysts.
Frontier Communications Parent has an analyst consensus of Moderate Sell, with a price target consensus of $38.50.
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