Skip to main content

Analysts Conflicted on These Communication Services Names: Netflix (NFLX), NEXON Co (OtherNEXOF) and iHeartMedia (IHRT)

Tipranks - Wed Mar 4, 7:02AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Netflix (NFLXResearch Report), NEXON Co (NEXOFResearch Report) and iHeartMedia (IHRTResearch Report).

Claim 70% Off TipRanks Premium

Netflix (NFLX)

Oppenheimer analyst Jason Helfstein maintained a Buy rating on Netflix today and set a price target of $125.00. The company’s shares closed last Monday at $97.09.

According to TipRanks.com, Helfstein is a 1-star analyst with an average return of -0.8% and a 42.5% success rate. Helfstein covers the NA sector, focusing on stocks such as Angel Studios Inc Class A, IAC/InteractiveCorp., and Reddit Inc Class A. ;'>

Currently, the analyst consensus on Netflix is a Moderate Buy with an average price target of $114.26, implying a 19.9% upside from current levels. In a report issued on February 27, Arete Research also upgraded the stock to Buy.

See Insiders’ Hot Stocks on TipRanks >>

NEXON Co (NEXOF)

In a report released today, Robin Zhu from Bernstein maintained a Buy rating on NEXON Co, with a price target of Yen4400.00. The company’s shares closed last Monday at $25.50.

According to TipRanks.com, Zhu is ranked #3914 out of 12144 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NEXON Co with a $25.82 average price target, implying a 1.3% upside from current levels. In a report issued on February 18, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a Yen3590.00 price target.

iHeartMedia (IHRT)

In a report released today, Patrick Sholl from Barrington reiterated a Hold rating on iHeartMedia. The company’s shares closed last Monday at $3.10.

According to TipRanks.com, Sholl is a 4-star analyst with an average return of 11.5% and a 55.9% success rate. Sholl covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and National Cinemedia. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for iHeartMedia with a $3.13 average price target, which is a -2.8% downside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $3.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.