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Analysts’ Top Communication Services Picks: TKO Group Holdings (TKO), Roblox (RBLX)

Tipranks - Tue Apr 21, 5:14AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on TKO Group Holdings (TKO), Roblox (RBLX) and Netflix (NFLX) with bullish sentiments.

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TKO Group Holdings (TKO)

Bank of America Securities analyst Brent Navon CFA reiterated a Buy rating on TKO Group Holdings today and set a price target of $225.00. The company’s shares closed last Friday at $186.31.

CFA has an average return of 24.7% when recommending TKO Group Holdings. ;'>

According to TipRanks.com, CFA is ranked #1452 out of 12208 analysts.

Currently, the analyst consensus on TKO Group Holdings is a Moderate Buy with an average price target of $237.08, representing a 27.1% upside. In a report issued on April 7, UBS also maintained a Buy rating on the stock with a $238.00 price target.

See today’s best-performing stocks on TipRanks >>

Roblox (RBLX)

Bank of America Securities analyst Omar Dessouky reiterated a Buy rating on Roblox today and set a price target of $165.00. The company’s shares closed last Friday at $60.34.

According to TipRanks.com, Dessouky is a 5-star analyst with an average return of 28.8% and a 54.4% success rate. Dessouky covers the NA sector, focusing on stocks such as Zillow Group Class A, Match Group, and AppLovin. ;'>

Currently, the analyst consensus on Roblox is a Moderate Buy with an average price target of $107.85, representing a 74.7% upside. In a report issued on April 6, Wells Fargo also maintained a Buy rating on the stock with a $78.00 price target.

Netflix (NFLX)

Phillip Securities analyst Helena Wang maintained a Buy rating on Netflix today and set a price target of $110.00. The company’s shares closed last Friday at $97.31.

According to TipRanks.com, Wang is a 3-star analyst with an average return of 6.8% and a 50.0% success rate. Wang covers the Technology sector, focusing on stocks such as Shopify, Apple, and Grab. ;'>

Netflix has an analyst consensus of Strong Buy, with a price target consensus of $113.68, representing a 18.0% upside. In a report issued on April 9, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $115.00 price target.

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