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Analysts Are Bullish on Top Communication Services Stocks: Netflix (NFLX), Roblox (RBLX)

Tipranks - Sat Apr 18, 7:04AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Netflix (NFLX) and Roblox (RBLX) with bullish sentiments.

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Netflix (NFLX)

Canaccord Genuity analyst Maria Ripps maintained a Buy rating on Netflix today and set a price target of $125.00. The company’s shares closed last Thursday at $107.79.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 17.8% and a 47.7% success rate. Ripps covers the NA sector, focusing on stocks such as Zillow Group Class A, Nexxen International, and Alphabet Class A. ;'>

Currently, the analyst consensus on Netflix is a Strong Buy with an average price target of $115.19, implying a 7.2% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $120.00 price target.

See the top stocks recommended by analysts >>

Roblox (RBLX)

Wedbush analyst Michael Pachter maintained a Buy rating on Roblox today and set a price target of $110.00. The company’s shares closed last Thursday at $60.44.

Pachter has an average return of 26.9% when recommending Roblox. ;'>

According to TipRanks.com, Pachter is ranked #11450 out of 12199 analysts.

Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $108.19, a 76.3% upside from current levels. In a report issued on April 6, Wells Fargo also maintained a Buy rating on the stock with a $78.00 price target.

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