Analysts Offer Insights on Communication Services Companies: Netflix (NFLX), Trade Desk (TTD) and Reddit Inc Class A (RDDT)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Netflix (NFLX), Trade Desk (TTD) and Reddit Inc Class A (RDDT).
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Netflix (NFLX)
Guggenheim analyst Michael Morris maintained a Buy rating on Netflix today and set a price target of $130.00. The company’s shares closed last Monday at $103.16.
According to TipRanks.com, Morris is a 5-star analyst with an average return of
Currently, the analyst consensus on Netflix is a Strong Buy with an average price target of $115.31, which is an 11.9% upside from current levels. In a report issued on April 5, Goldman Sachs also upgraded the stock to Buy with a $120.00 price target.
See today’s best-performing stocks on TipRanks >>
Trade Desk (TTD)
In a report released today, Laura Martin from Needham maintained a Buy rating on Trade Desk, with a price target of $32.00. The company’s shares closed last Monday at $21.22.
According to TipRanks.com, Martin is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trade Desk with a $31.16 average price target, implying a 54.6% upside from current levels. In a report issued on April 10, TipRanks – DeepSeek also upgraded the stock to Buy with a $22.50 price target.
Reddit Inc Class A (RDDT)
In a report released today, Eric Sheridan from Goldman Sachs maintained a Hold rating on Reddit Inc Class A, with a price target of $180.00. The company’s shares closed last Monday at $149.35.
According to TipRanks.com, Sheridan is a 3-star analyst with an average return of
Reddit Inc Class A has an analyst consensus of Moderate Buy, with a price target consensus of $227.10, representing a 63.4% upside. In a report issued on March 30, TipRanks – PerPlexity also downgraded the stock to Hold with a $129.00 price target.
Read More on NFLX:
Disclaimer & DisclosureReport an Issue
- Netflix (NFLX) Is About to Report Q1 Earnings. Here Is What to Expect
- ‘Netflix’s Advertising Tier Is Scaling Faster than Anticipated,’ Says KeyBanc Analyst; Raises NFLX Stock Forecast
- Netflix co-CEO attended major movie theater conference, NY Times says
- Netflix price target raised to $115 from $108 at KeyBanc
- Wedbush Raises Netflix Stock (NFLX) Price Target Ahead of Q1 Earnings — Sees Strong Ad Momentum
