There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Warner Bros (WBD – Research Report) and Netflix (NFLX – Research Report) with bullish sentiments.
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Warner Bros (WBD)
In a report released today, Brandon Nispel from KeyBanc maintained a Buy rating on Warner Bros, with a price target of $14.00. The company’s shares closed last Monday at $10.83.
According to TipRanks.com, Nispel is a 4-star analyst with an average return of 5.6% and a 55.6% success rate. Nispel covers the NA sector, focusing on stocks such as Charter Communications, Wideopenwest, and T Mobile US.
Warner Bros has an analyst consensus of Moderate Buy, with a price target consensus of $12.39.
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Netflix (NFLX)
KeyBanc analyst Justin Patterson maintained a Buy rating on Netflix today and set a price target of $1000.00. The company’s shares closed last Monday at $881.79, close to its 52-week high of $941.75.
According to TipRanks.com, Patterson is a 5-star analyst with an average return of 10.0% and a 51.9% success rate. Patterson covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, BigCommerce Holdings, and Uber Technologies.
Netflix has an analyst consensus of Moderate Buy, with a price target consensus of $890.36, which is a 0.2% upside from current levels. In a report issued on December 30, UBS also maintained a Buy rating on the stock with a $1040.00 price target.
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