Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Communication Services Stocks: Netflix (NFLX) and Paramount Skydance (PSKY)

Tipranks - Thu Apr 2, 6:26AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Netflix (NFLX) and Paramount Skydance (PSKY).

End of Quarter Sale - 50% Off TipRanks

Netflix (NFLX)

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Netflix today and set a price target of $125.00. The company’s shares closed last Tuesday at $96.15.

According to TipRanks.com, Ehrlich is a 5-star analyst with an average return of 10.5% and a 50.0% success rate. Ehrlich covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Sirius XM Holdings. ;'>

Netflix has an analyst consensus of Moderate Buy, with a price target consensus of $113.97, a 22.5% upside from current levels. In a report issued on March 18, Citi also resumed coverage with a Buy rating on the stock with a $115.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Paramount Skydance (PSKY)

In a report released today, Laura Martin from Needham maintained a Hold rating on Paramount Skydance. The company’s shares closed last Tuesday at $9.02.

According to TipRanks.com, Martin is a 4-star analyst with an average return of 7.2% and a 48.0% success rate. Martin covers the NA sector, focusing on stocks such as Nexxen International, Reddit Inc Class A, and Alphabet Class A. ;'>

Currently, the analyst consensus on Paramount Skydance is a Moderate Sell with an average price target of $11.63, representing a 30.7% upside. In a report issued on March 17, TipRanks – xAI also reiterated a Hold rating on the stock with a $10.00 price target.

Read More on NFLX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.