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Analysts Are Bullish on These Communication Services Stocks: Genius Sports Limited (GENI), Nexxen International (NEXN)

Tipranks - Fri Mar 6, 6:46AM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Genius Sports Limited (GENIResearch Report) and Nexxen International (NEXNResearch Report) with bullish sentiments.

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Genius Sports Limited (GENI)

In a report released today, Curry Baker from Guggenheim reiterated a Buy rating on Genius Sports Limited, with a price target of $12.00. The company’s shares closed last Wednesday at $6.04.

According to TipRanks.com, Baker is a 5-star analyst with an average return of 11.2% and a 57.2% success rate. Baker covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Liberty Media Liberty Formula One, and Sphere Entertainment. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Genius Sports Limited with a $10.86 average price target, a 64.8% upside from current levels. In a report issued on February 20, Roth MKM also maintained a Buy rating on the stock with a $12.00 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 Wednesday at $6.68.

According to TipRanks.com, Schindler is a 3-star analyst with an average return of 1.7% and a 43.4% success rate. Schindler covers the NA sector, focusing on stocks such as Fiverr International, Alphabet Class C, and Meta Platforms. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexxen International with a $9.63 average price target, a 50.0% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $10.00 price target.

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