This section contains press releases and other materials from third parties (including paid content). JOBFlocks has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Communication Services Companies: Walt Disney (DIS) and Alphabet Class A (GOOGL)

Tipranks - Fri Oct 16, 6:39AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Walt Disney (DIS) and Alphabet Class A (GOOGL) with bullish sentiments.

Walt Disney (DIS)

Wells Fargo analyst Steven Cahall maintained a Buy rating on Walt Disney today and set a price target of $132.00. The company’s shares closed last Wednesday at $108.99.

According to TipRanks.com, Cahall is a 5-star analyst with an average return of 9.3% and a 57.9% success rate. Cahall covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Liberty Media Liberty Formula One, and E. W. Scripps Company Class A. ;'>

Walt Disney has an analyst consensus of Strong Buy, with a price target consensus of $128.50, implying a 18.4% upside from current levels. In a report issued on October 6, Yorkville Ives & Co also initiated coverage with a Buy rating on the stock with a $125.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Alphabet Class A (GOOGL)

J.P. Morgan analyst Doug Anmuth reiterated a Buy rating on Alphabet Class A today and set a price target of $425.00. The company’s shares closed last Wednesday at $347.64.

According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 8.8% and a 55.3% success rate. Anmuth covers the NA sector, focusing on stocks such as Fiverr International, Reddit Inc Class A, and Alphabet Class C. ;'>

Alphabet Class A has an analyst consensus of Strong Buy, with a price target consensus of $426.16, which is a 19.9% upside from current levels. In a report issued on September 30, Evercore ISI also maintained a Buy rating on the stock.

Read More on DIS:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.