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Analysts Are Bullish on These Communication Services Stocks: Netflix (NFLX), AppLovin (APP)

Tipranks - Tipranks - Sat Mar 28, 6:56AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Netflix (NFLX) and AppLovin (APP) with bullish sentiments.

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Netflix (NFLX)

Bernstein analyst Laurent Yoon maintained a Buy rating on Netflix today and set a price target of $115.00. The company’s shares closed last Thursday at $93.32.

According to TipRanks.com, Yoon is a 3-star analyst with an average return of 2.4% and a 56.7% success rate. Yoon covers the NA sector, focusing on stocks such as Charter Communications, Paramount Skydance, and T Mobile US. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Netflix with a $114.65 average price target, representing a 25.3% upside. In a report issued on March 24, Erste Group also upgraded the stock to Buy.

See the top stocks recommended by analysts >>

AppLovin (APP)

Oppenheimer analyst Martin Yang reiterated a Buy rating on AppLovin today and set a price target of $660.00. The company’s shares closed last Thursday at $391.21.

According to TipRanks.com, Yang is a 5-star analyst with an average return of 15.2% and a 48.0% success rate. Yang covers the Technology sector, focusing on stocks such as Unity Software, Turtle Beach, and Synaptics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AppLovin with a $659.15 average price target, implying a 59.9% upside from current levels. In a report issued on March 13, TipRanks – xAI also upgraded the stock to Buy with a $497.00 price target.

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