Analysts Are Bullish on These Communication Services Stocks: NetEase (NTES), Meta Platforms (META)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on NetEase (NTES – Research Report) and Meta Platforms (META – Research Report) with bullish sentiments.
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NetEase (NTES)
Bank of America Securities analyst Alex Liu maintained a Buy rating on NetEase today and set a price target of $166.00. The company’s shares closed last Monday at $115.19.
According to TipRanks.com, Liu is ranked #9158 out of 12144 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NetEase with a $163.08 average price target.
See the top stocks recommended by analysts >>
Meta Platforms (META)
In a report released yesterday, Justin Post from Bank of America Securities reiterated a Buy rating on Meta Platforms, with a price target of $885.00. The company’s shares closed last Monday at $653.56.
According to TipRanks.com, Post is a 5-star analyst with an average return of
Currently, the analyst consensus on Meta Platforms is a Strong Buy with an average price target of $864.62, implying a 35.7% upside from current levels. In a report issued on February 23, Wells Fargo also maintained a Buy rating on the stock with a $856.00 price target.
