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Analysts Are Neutral on These Communication Services Stocks: Cardlytics (CDLX), Nexxen International (NEXN)

Tipranks - Fri Mar 6, 8:54AM CST

Analysts fell to the sidelines weighing in on Cardlytics (CDLXResearch Report) and Nexxen International (NEXNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Cardlytics (CDLX)

Craig-Hallum analyst William Bonello maintained a Hold rating on Cardlytics today and set a price target of $1.00. The company’s shares closed last Thursday at $0.83.

According to TipRanks.com, Bonello is a 5-star analyst with an average return of 27.9% and a 57.7% success rate. Bonello covers the Healthcare sector, focusing on stocks such as Adaptive Biotechnologies, Guardant Health, and SOPHiA GENETICS. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Cardlytics with a $1.13 average price target, a 25.6% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Hold with a $0.89 price target.

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Nexxen International (NEXN)

In a report released today, Jason Kreyer from Craig-Hallum maintained a Hold rating on Nexxen International, with a price target of $8.00. The company’s shares closed last Thursday at $7.03, close to its 52-week low of $6.93.

According to TipRanks.com, Kreyer is a 3-star analyst with an average return of 2.7% and a 36.2% success rate. Kreyer covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Creative Realities. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexxen International with a $9.30 average price target.

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