Analysts Offer Insights on Communication Services Companies: Baidu (BIDU) and Netflix (NFLX)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Baidu (BIDU) and Netflix (NFLX) with bullish sentiments.
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Baidu (BIDU)
In a report released yesterday, Alex Yao from J.P. Morgan maintained a Buy rating on Baidu, with a price target of $205.00. The company’s shares closed last Tuesday at $108.22.
According to TipRanks.com, Yao is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Baidu with a $162.57 average price target, a 49.1% upside from current levels. In a report issued on July 16, Bank of America Securities also maintained a Buy rating on the stock with a $165.00 price target.
See the top stocks recommended by analysts >>
Netflix (NFLX)
J.P. Morgan analyst Doug Anmuth maintained a Buy rating on Netflix yesterday and set a price target of $85.00. The company’s shares closed last Tuesday at $68.67.
According to TipRanks.com, Anmuth is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $96.08 average price target, implying a 42.5% upside from current levels. In a report issued on July 9, Bernstein also maintained a Buy rating on the stock with a $100.00 price target.
Read More on BIDU:
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