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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Netflix (NFLX), Nexxen International (NEXN) and NEXON Co (OtherNEXOF)

Tipranks - Tipranks - Fri May 15, 5:16AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Netflix (NFLX), Nexxen International (NEXN) and NEXON Co (NEXOF).

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Netflix (NFLX)

In a report released yesterday, Doug Anmuth from J.P. Morgan reiterated a Buy rating on Netflix, with a price target of $118.00. The company’s shares closed last Wednesday at $87.56.

According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 10.4% and a 57.3% success rate. Anmuth covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Fiverr International, and Reddit Inc Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Netflix with a $115.89 average price target, a 33.9% upside from current levels. In a report released today, Bernstein also maintained a Buy rating on the stock with a $110.00 price target.

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Nexxen International (NEXN)

In a report released yesterday, Tyler DiMatteo from BTIG maintained a Buy rating on Nexxen International, with a price target of $9.00. The company’s shares closed last Wednesday at $7.61, close to its 52-week low of $6.93.

According to TipRanks.com, DiMatteo is a 2-star analyst with an average return of 1.1% and a 46.2% success rate. DiMatteo covers the NA sector, focusing on stocks such as Madison Square Garden Sports, Sphere Entertainment, and TKO Group Holdings. ;'>

Currently, the analyst consensus on Nexxen International is a Strong Buy with an average price target of $9.90, which is a 24.5% upside from current levels. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $8.00 price target.

NEXON Co (NEXOF)

In a report released today, Atul Goyal from Jefferies maintained a Hold rating on NEXON Co, with a price target of Yen3172.00. The company’s shares closed last Monday at $16.80.

Goyal has an average return of 9.8% when recommending NEXON Co. ;'>

According to TipRanks.com, Goyal is ranked #1562 out of 12246 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NEXON Co with a $22.24 average price target, which is a 32.3% upside from current levels. In a report issued on April 29, TipRanks – DeepSeek also downgraded the stock to Hold with a Yen2850.00 price target.

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