Analysts Are Bullish on These Communication Services Stocks: AppLovin (APP), Nexxen International (NEXN)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on AppLovin (APP – Research Report) and Nexxen International (NEXN – Research Report) with bullish sentiments.
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AppLovin (APP)
In a report released today, James Heaney CFA from Jefferies maintained a Buy rating on AppLovin, with a price target of $700.00. The company’s shares closed last Thursday at $502.13, close to its 52-week high of $525.15.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for AppLovin with a $653.65 average price target, a 34.4% upside from current levels. In a report issued on February 19, TipRanks – Google also upgraded the stock to Buy with a $467.00 price target.
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Nexxen International (NEXN)
Rosenblatt Securities analyst Barton Crockett maintained a Buy rating on Nexxen International today. The company’s shares closed last Thursday at $7.07, close to its 52-week low of $6.93.
According to TipRanks.com, Crockett is a 4-star analyst with an average return of
Nexxen International has an analyst consensus of Strong Buy, with a price target consensus of $9.30, implying a 37.2% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $10.00 price target.
