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Analysts’ Top Communication Services Picks: Meta Platforms (META), Advantage Solutions (ADV)

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Meta Platforms (METAResearch Report) and Advantage Solutions (ADVResearch Report) with bullish sentiments.

Meta Platforms (META)

In a report released yesterday, Maria Ripps from Canaccord Genuity maintained a Buy rating on Meta Platforms, with a price target of $575.00. The company’s shares closed last Wednesday at $493.50, close to its 52-week high of $531.49.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 21.2% and a 45.3% success rate. Ripps covers the NA sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and AdTheorent Holding.

Meta Platforms has an analyst consensus of Strong Buy, with a price target consensus of $536.89, which is a 5.7% upside from current levels. In a report issued on April 12, Wedbush also maintained a Buy rating on the stock with a $570.00 price target.

See today’s best-performing stocks on TipRanks >>

Advantage Solutions (ADV)

In a report released today, Joseph Vafi from Canaccord Genuity maintained a Buy rating on Advantage Solutions, with a price target of $5.50. The company’s shares closed last Wednesday at $4.57, close to its 52-week high of $4.95.

According to TipRanks.com, Vafi is a 5-star analyst with an average return of 22.6% and a 50.0% success rate. Vafi covers the Technology sector, focusing on stocks such as Repay Holdings, Microstrategy, and ACI Worldwide.

Currently, the analyst consensus on Advantage Solutions is a Moderate Buy with an average price target of $5.50.

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