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Analysts Offer Insights on Communication Services Companies: Netflix (NFLX), Doubledown Interactive Co (DDI) and Cogent Comms (CCOI)

Tipranks - Wed Feb 18, 5:06AM CST

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Netflix (NFLXResearch Report), Doubledown Interactive Co (DDIResearch Report) and Cogent Comms (CCOIResearch Report) with bullish sentiments.

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Netflix (NFLX)

Rothschild & Co Redburn analyst Hamilton Faber reiterated a Buy rating on Netflix today and set a price target of $120.00. The company’s shares closed last Friday at $76.87.

Faber has an average return of 25.6% when recommending Netflix. ;'>

According to TipRanks.com, Faber is ranked #3515 out of 12109 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $114.18 average price target.

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Doubledown Interactive Co (DDI)

In a report issued on February 12, Josh Nichols from B. Riley Securities maintained a Buy rating on Doubledown Interactive Co, with a price target of $22.00. The company’s shares closed last Friday at $8.75, close to its 52-week low of $8.56.

According to TipRanks.com, Nichols is a 4-star analyst with an average return of 12.3% and a 46.4% success rate. Nichols covers the Technology sector, focusing on stocks such as Vishay Precision Group, OSI Systems, and Gauzy Ltd. ;'>

Doubledown Interactive Co has an analyst consensus of Strong Buy, with a price target consensus of $19.67, representing a 127.9% upside. In a report issued on February 5, Wedbush also maintained a Buy rating on the stock with a $21.00 price target.

Cogent Comms (CCOI)

In a report released today, Brandon Nispel from KeyBanc maintained a Buy rating on Cogent Comms. The company’s shares closed last Friday at $26.46.

According to TipRanks.com, Nispel is a 4-star analyst with an average return of 4.6% and a 53.6% success rate. Nispel covers the NA sector, focusing on stocks such as Charter Communications, T Mobile US, and Walt Disney. ;'>

Currently, the analyst consensus on Cogent Comms is a Hold with an average price target of $21.00.

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