Analysts Offer Insights on Communication Services Companies: Meta Platforms (META) and Nexxen International (NEXN)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Meta Platforms (META – Research Report) and Nexxen International (NEXN – Research Report) with bullish sentiments.
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Meta Platforms (META)
Mizuho Securities analyst Lloyd Walmsley maintained a Buy rating on Meta Platforms today and set a price target of $920.00. The company’s shares closed last Wednesday at $609.01.
According to TipRanks.com, Walmsley is a 5-star analyst with an average return of
Meta Platforms has an analyst consensus of Strong Buy, with a price target consensus of $846.48, implying a 34.8% upside from current levels. In a report issued on October 30, Evercore ISI also maintained a Buy rating on the stock with a $875.00 price target.
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Nexxen International (NEXN)
In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Nexxen International. The company’s shares closed last Wednesday at $8.04, close to its 52-week low of $6.93.
According to TipRanks.com, Schwab is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexxen International with a $14.67 average price target, implying an 86.6% upside from current levels. In a report issued on November 2, RBC Capital also maintained a Buy rating on the stock with a $14.00 price target.
Read More on META:
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