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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Tipranks - Fri Mar 6, 2:14AM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Nexxen International (NEXN – Research Report) and StubHub Holdings Incorporation Class A (STUB – Research Report) with bullish sentiments.

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Nexxen International (NEXN)

RBC Capital analyst Mark Fielding maintained a Buy rating on Nexxen International yesterday and set a price target of $10.00. The company’s shares closed last Wednesday at $6.68.

According to TipRanks.com, Fielding is ranked #400 out of 12134 analysts.

Currently, the analyst consensus on Nexxen International is a Moderate Buy with an average price target of $8.75, representing a 36.3% upside. In a report released yesterday, Needham also assigned a Buy rating to the stock with a $7.50 price target.

See the top stocks recommended by analysts >>

StubHub Holdings Incorporation Class A (STUB)

TD Cowen analyst John Blackledge maintained a Buy rating on StubHub Holdings Incorporation Class A yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $10.17, close to its 52-week low of $8.30.

According to TipRanks.com, Blackledge is a 5-star analyst with an average return of 9.2% and a 51.0% success rate. Blackledge covers the Technology sector, focusing on stocks such as Uber Technologies, Grindr, and Lyft. ;'>

Currently, the analyst consensus on StubHub Holdings Incorporation Class A is a Moderate Buy with an average price target of $17.33.

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