Analysts Offer Insights on Communication Services Companies: Nexxen International (NEXN) and Warner Music Group (WMG)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Nexxen International (NEXN – Research Report) and Warner Music Group (WMG – Research Report).
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Nexxen International (NEXN)
In a report released today, Jason Kreyer from Craig-Hallum assigned a Hold rating to Nexxen International. The company’s shares closed last Thursday at $6.50.
According to TipRanks.com, Kreyer is a 4-star analyst with an average return of
Nexxen International has an analyst consensus of Strong Buy, with a price target consensus of $11.67, representing a 78.4% upside. In a report issued on November 18, TR | OpenAI – 4o also downgraded the stock to Hold with a $7.00 price target.
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Warner Music Group (WMG)
TD Cowen analyst Doug Creutz reiterated a Buy rating on Warner Music Group today and set a price target of $46.00. The company’s shares closed last Thursday at $29.68.
According to TipRanks.com, Creutz is a 5-star analyst with an average return of
Warner Music Group has an analyst consensus of Strong Buy, with a price target consensus of $39.44.
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