There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on DoorDash (DASH – Research Report) and T Mobile US (TMUS – Research Report) with bullish sentiments.
Stay Ahead of the Market:
DoorDash (DASH)
Bank of America Securities analyst Mike McGovern maintained a Buy rating on DoorDash today. The company’s shares closed last Wednesday at $180.95.
McGovern has an average return of 22.7% when recommending DoorDash.
According to TipRanks.com, McGovern is ranked #2564 out of 9418 analysts.
Currently, the analyst consensus on DoorDash is a Moderate Buy with an average price target of $221.23, representing a 24.7% upside. In a report issued on April 3, Truist Financial also maintained a Buy rating on the stock.
See Insiders’ Hot Stocks on TipRanks >>
T Mobile US (TMUS)
In a report released today, Matthew Griffiths from Bank of America Securities maintained a Buy rating on T Mobile US. The company’s shares closed last Wednesday at $265.17, close to its 52-week high of $276.49.
According to TipRanks.com, Griffiths is a 1-star analyst with an average return of -7.4% and a 42.9% success rate. Griffiths covers the NA sector, focusing on stocks such as Rogers Communication, Quebecor, and Verizon.
T Mobile US has an analyst consensus of Moderate Buy, with a price target consensus of $267.61, representing a 0.5% upside. In a report issued on April 1, Barclays also maintained a Buy rating on the stock with a $250.00 price target.
Read More on DASH: