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Analysts Offer Insights on Communication Services Companies: Netflix (NFLX) and Telus (TU)

Tipranks - Tipranks - Wed Apr 15, 1:40AM CDT

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

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Netflix (NFLX)

KeyBanc analyst Justin Patterson maintained a Buy rating on Netflix today and set a price target of $115.00. The company’s shares closed last Monday at $103.16.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 6.3% and a 46.7% success rate. Patterson covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Zillow Group Class A, and Alphabet Class A. ;'>

Netflix has an analyst consensus of Strong Buy, with a price target consensus of $115.31, 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.

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Telus (TU)

The company’s shares closed last Monday at $12.07.

According to TipRanks.com, Bonham is ranked #11314 out of 12179 analysts.

Telus has an analyst consensus of Hold, with a price target consensus of $14.92, a 26.4% upside from current levels. In a report issued on April 2, TD Cowen also downgraded the stock to Hold with a C$19.00 price target.

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