Analysts Offer Insights on Communication Services Companies: fuboTV (FUBO), Meta Platforms (META) and Travelzoo (TZOO)

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on fuboTV (FUBO – Research Report), Meta Platforms (META – Research Report) and Travelzoo (TZOO – Research Report) with bullish sentiments.

fuboTV (FUBO)

Wedbush analyst Michael Pachter maintained a Buy rating on fuboTV today and set a price target of $5.00. The company’s shares closed last Wednesday at $1.38, close to its 52-week low of $1.03.

According to TipRanks.com, Pachter is a 1-star analyst with an average return of -2.4% and a 46.3% success rate. Pachter covers the NA sector, focusing on stocks such as Getty Images Holdings, Playtika Holding, and Skillz.

fuboTV has an analyst consensus of Hold, with a price target consensus of $2.88.

See the top stocks recommended by analysts >>

Meta Platforms (META)

In a report released today, Scott Devitt from Wedbush maintained a Buy rating on Meta Platforms, with a price target of $480.00. The company’s shares closed last Wednesday at $493.50, close to its 52-week high of $531.49.

According to TipRanks.com, Devitt is a 5-star analyst with an average return of 13.7% and a 51.7% success rate. Devitt covers the NA sector, focusing on stocks such as Booking Holdings, Mercadolibre, and TripAdvisor.

Meta Platforms has an analyst consensus of Strong Buy, with a price target consensus of $530.99, representing a 4.5% upside. In a report issued on April 21, Evercore ISI also maintained a Buy rating on the stock with a $550.00 price target.

Travelzoo (TZOO)

In a report released today, Michael Kupinski from Noble Financial maintained a Buy rating on Travelzoo, with a price target of $13.00. The company’s shares closed last Wednesday at $8.58.

According to TipRanks.com, Kupinski is a 5-star analyst with an average return of 10.7% and a 39.6% success rate. Kupinski covers the NA sector, focusing on stocks such as E. W. Scripps Company Class A, Direct Digital Holdings, and Saga Communications.

Currently, the analyst consensus on Travelzoo is a Strong Buy with an average price target of $14.67, a 67.5% upside from current levels. In a report released yesterday, Barrington also assigned a Buy rating to the stock with a $12.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on FUBO:

• Wells Fargo Hikes Disney (NYSE:DIS) Rating, Shares Rise
• Seaport digital ad/media-tech analysts hold an analyst/industry conference call
• FOX, WBD, DIS: Sports Streaming Coalition Taps New CEO
• A New Cause for Concern: Fubotv Inc. Adds a New Debt & Financing Risk
• FuboTV files to sell 86.67M shares of common stock for holders