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Analysts Are Bullish on These Communication Services Stocks: Netflix (NFLX), Nexxen International (NEXN)

Tipranks - Tipranks - Sat May 16, 9:16AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Netflix (NFLX) and Nexxen International (NEXN) with bullish sentiments.

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Netflix (NFLX)

In a report released yesterday, Maria Ripps from Canaccord Genuity maintained a Buy rating on Netflix, with a price target of $125.00. The company’s shares closed last Friday at $88.11.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 15.8% and a 44.0% success rate. Ripps covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Nexxen International, and Zillow Group Class A. ;'>

Currently, the analyst consensus on Netflix is a Strong Buy with an average price target of $115.89, which is a 32.2% upside from current levels. In a report issued on May 13, Citi also maintained a Buy rating on the stock with a $115.00 price target.

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Nexxen International (NEXN)

In a report released today, Nat Schindler from Scotiabank maintained a Buy rating on Nexxen International, with a price target of $10.00. The company’s shares closed last Friday at $7.86, close to its 52-week low of $6.93.

According to TipRanks.com, Schindler is a 3-star analyst with an average return of 2.9% and a 45.0% success rate. Schindler covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Fiverr International, and Alphabet Class C. ;'>

Currently, the analyst consensus on Nexxen International is a Strong Buy with an average price target of $9.58, a 21.6% upside from current levels. In a report issued on May 13, TipRanks – DeepSeek also upgraded the stock to Buy with a $8.00 price target.

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