There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Baidu (BIDU – Research Report), Live Nation Entertainment (LYV – Research Report) and Bilibili (BILI – Research Report) with bullish sentiments.
Baidu (BIDU)
Bank of America Securities analyst Miranda Zhuang maintained a Buy rating on Baidu today and set a price target of $140.00. The company’s shares closed last Wednesday at $94.41, close to its 52-week low of $94.25.
According to TipRanks.com, Zhuang is ranked #8026 out of 8781 analysts.
Baidu has an analyst consensus of Strong Buy, with a price target consensus of $159.37, representing a 66.7% upside. In a report issued on April 8, Citi also maintained a Buy rating on the stock with a $176.00 price target.
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Live Nation Entertainment (LYV)
Citi analyst Jason Bazinet maintained a Buy rating on Live Nation Entertainment yesterday and set a price target of $130.00. The company’s shares closed last Wednesday at $91.82.
According to TipRanks.com, Bazinet is a 5-star analyst with an average return of
Live Nation Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $121.07, which is a 30.5% 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.
Bilibili (BILI)
Bank of America Securities analyst Lei Zhang reiterated a Buy rating on Bilibili today and set a price target of $17.00. The company’s shares closed last Wednesday at $11.03.
According to TipRanks.com, Zhang is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bilibili with a $13.38 average price target, which is a 19.8% upside from current levels. In a report issued on April 16, Jefferies also maintained a Buy rating on the stock with a $14.00 price target.
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