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Analysts Offer Insights on Communication Services Companies: Cars (CARS) and Nebius Group (NBIS)

Tipranks - Tue Apr 14, 8:58AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Cars (CARS) and Nebius Group (NBIS) with bullish sentiments.

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Cars (CARS)

D.A. Davidson analyst Tom White maintained a Buy rating on Cars today. The company’s shares closed last Monday at $9.69.

According to TipRanks.com, White ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -2.7% and a 40.4% success rate. White covers the Technology sector, focusing on stocks such as Uber Technologies, Viant Technology, and Lyft. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cars with a $12.90 average price target, implying a 35.1% upside from current levels. In a report issued on April 10, BTIG also maintained a Buy rating on the stock with a $13.00 price target.

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Nebius Group (NBIS)

In a report released today, Tal Liani from Bank of America Securities assigned a Buy rating to Nebius Group, with a price target of $175.00. The company’s shares closed last Monday at $149.59.

According to TipRanks.com, Liani is a 5-star analyst with an average return of 8.3% and a 55.3% success rate. Liani covers the Technology sector, focusing on stocks such as Arista Networks, Cisco Systems, and CoreWeave. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nebius Group with a $167.70 average price target, a 24.3% upside from current levels. In a report issued on April 2, Northland Securities also reiterated a Buy rating on the stock with a $215.00 price target.

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